Spar purchases Kgale Shopping Centre from Kirbys

Hive of activity: Kgale Shopping complex PIC: PHATSIMO KAPENG
Hive of activity: Kgale Shopping complex PIC: PHATSIMO KAPENG

Tsetseng Retail Group, the operator of Spar stores around the country, has moved to purchase the Kgale Shopping Complex, where the supermarket chain is an anchor tenant.

The Competition and Consumer Authority is assessing Tsetseng’s bid to purchase the shopping complex and as yet, no value for the proposed transaction has been publicly disclosed.

According to the Authority, Tsetseng’s shareholders are Kevin Peter Gerard Lawless as well as Ride Investments and Fega Holdings. Ride Investments in turn controls Derek Brink Holdings and Rita Brink Holdings (Pty) Ltd.

Editor's Comment
Gov't must guard against cadre deployment

As the Botswana National Front (BNF) discusses a policy to place suitably qualified members in strategic positions, the guiding consideration should remain whether an individual is the best person to serve the country. There is nothing wrong with qualified party members applying for public positions. Political affiliation should neither disqualify a capable candidate nor give them an advantage over others. Every Motswana deserves a fair...

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