Sefalana issue raises p255m
Monday, June 23, 2014
A Friday release from the group indicates that the offer was strongly supported, keeping in line with the strong investor sentiment that saw the group emerging as the Botswana Stock Exchange’s biggest earner last year. Sefalana intends to plough the proceeds of the rights issue into its newly acquired Namibian retail chain which comprises 12 stores. Sefalana, the first firm to list on the domestic bourse, has over 42 wholesale and retail businesses across the country.
The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...