Botash bullish after merger approval
Tuesday, March 16, 2010
"We, as staff of Botswana Ash, look forward to an exciting future with the Government of Botswana as our existing shareholders and Chlor Alkali Holdings as (our) new partner," says the company's Managing Director Derek Cochrane.
In an interview with Mmegi, Cochrane said CAH was identified as the preferred bidder. "With the existing private shareholders of Botswana Ash expressing their desire to sell their shareholding, Chlor Alkali Holdings was identified as the preferred bidder," he said.
When claims of such gravity are made, especially by a sitting Assistant Minister they cannot be brushed aside, delayed, or treated as routine political noise. Even the Ombudsman has confirmed receipt of a report from a political party and a review of these complaints is now underway. That is a necessary first step. But it is only the beginning. The seriousness of the allegations demands urgency, transparency and clarity. The public is entitled to...