Rival BOPEU factions each submit lists for Babereki investments AGM

Just when Monakwe’s faction thought it would have the singular honor to submit the list for the AGM to the Babereki Investments board, Topias Marenga and Masego Mogwera, buoyed by November 2020’s three Judges panel which found that they were illegally toppled, wrote to Babereki Investments board on behalf of shareholders, BOPEU, submitting the list. Monakwe’s faction would also submit theirs,  meaning the board has two sets of lists for the AGM.

This week Monakwe’s faction filed an urgent matter before Justice Mokwadi Gabanagae, key among others praying that Mogwera be removed from Babereki Investments instantly while the Non-Bank Financial Institutions Regulatory Authority (NBFIRA) deals with her for what he claims  is failure to manage the company prudently.