Sefalana invests P200m to enter SA market
Thursday, October 12, 2017
In a statement, the company said the largest participant in this consortium is the well-established buying group, Unitrade Management Services (Pty) Limited (UMS).
“The objective of this consortium will be to acquire a number of target supermarket and wholesale chains across the country. Sefalana is due to invest R250 million in this consortium and will participate in the board of the consortium. The two groups look forward to leveraging off one another’s experience in the industry to grow this consortium into a sizable enterprise over the next 10 years,” Sefalana Group finance director, Mohammed Osman said.
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...