RDC Properties Penetrates SA Market
Monday, May 14, 2018
![RDC Properties CEO Guido Giachetti](https://cdn4.premiumread.com/?url=https://www.mmegi.bw/uploads/imported_images/2018/may/14/phpsswsDA.jpg&w=400&q=72&f=jpg&t=1)
RDC Properties CEO Guido Giachetti
According to the group’s executive chairperson, Guido Giachetti, following a stringent due diligence process the company invested R50.9 million, securing a 34.85% controlling stake in the issued share capital of Capitalgro.
RDC Properties invested an additional R120 million into Capitalgro giving RDC Properties a 63% stake in the company. This additional investment enabled Capitalgro’s acquisition of the AAA rated, five-star certified commercial building known as ‘The Edge’.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...