BancABC parent faces liquidation over P110m debt
Friday, April 16, 2021
Officials at the local bank, however, have been quick to disassociate BancABC Botswana from the legal tussle, explaining that the local operations continue as normal with a strong capital position being maintained and robust capital adequacy ratio.
ABCH company secretary, Dorothy Matiza told Mmegi the situation had arisen out of COVID-19’s impact on global financing markets and liquidity. She said this in turn had resulted in delays to ABCH’s strategic fundraising initiatives, necessitating a restructuring of the group’s balance sheet through agreements with creditors.
The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...