BTC offers BnR P55k settlement

Whilst BTC has denied the existence of settlement negotiations between the parties, Mmegi is in possession of a letter from the former, addressed to BnR co-founder, Goaba Mojakgomo. The letter which is signed by BTC acting chief executive officer, Boitumelo Paya, references a meeting held on August 14, 2024, between the parties where the “possibility of a settlement” was discussed.

According to the correspondence, the discussions centred on resolving outstanding claims which Perfect Steps Proprietary Limited trading as Born and Raised had against BTC, particularly relating to “reputation and goodwill” as highlighted under paragraph 89.5 of the court judgment, as well as legal fees.