Molefe, Showa fight BBS board over suspensions

Friday, April 23, 2021

The BBS board has suspended its managing director, Pius Molefe and company secretary Sipho Showa until further notice, a decision the pair has immediately described as invalid and to be disregarded.

In a notice to the Botswana Stock Exchange this morning, BBS board chair, Pelani Siwawa-Ndai said the pair was suspended on Tuesday pending the finalisation of litigation brought against the company by Molefe and Showa.

"The stakeholders are advised that the company took a resolution on April 20, 2021 to suspend Molefe from his duties as managing director.

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Molefe, Showa fight BBS board over suspensions

The BBS board has suspended its managing director, Pius Molefe and company secretary Sipho Showa until further notice, a decision the pair has immediately described as invalid and to be disregarded.

The audacity to be a unicorn

Faulty gadgets top complaints to BOCRA

Civil Society fights 'flawed' constitutional amendment

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IEC rejects 2,513 registrations

Motshegwa prevails against detractors

Serowe woman ingests acid, attempts suicide

Serowe man 'loses' P1m in trading

Inspect the voters' roll!