Minnows and sharks at BBS moment of truth

Day of reckoning: Molefe, Showa and their attorney Mboki Chilisa recently at Lobatse High Court. PIC: MORERI SEJAKGOMO
Day of reckoning: Molefe, Showa and their attorney Mboki Chilisa recently at Lobatse High Court. PIC: MORERI SEJAKGOMO

A large proportion of BBS Limited’s shareholders gather this morning at Avani Hotel, following three weeks of a highly bitter boardroom battle. The first item on the agenda will be whether the meeting should go ahead or be adjourned, report Staff Writers, MBONGENI MGUNI & MPHO MOKWAPE

Botswana Building Society (BBS) shareholders today finally have their say in the troubles that have rocked the building society in recent weeks.

Ever since a highly public brawl broke out pitting managing director, Pius Molefe and company secretary, Sipho Showa on one side and the seven non-executive directors on the other, shareholders have watched, mouths agape, as a flurry of accusations, denials and counter-accusations have flown daily between the two camps.

Editor's Comment
Human rights are sacred

It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...

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