CoA orders Babereki Investments to hold AGM

A three-men CoA panel comprising Judge President Ian Kirby, Justice Isaac Lesetedi and Justice Singh Walia on Wednesday dismissed an appeal by Babereki Investments Board of Directors led by chairperson Masego Mogwera and counter appeal by Botswana Public Employees Union (BOPEU) while confirming Justice Jennifer Dube’s judgement, albeit with adjustments that BI should hold its AGM.

The CoA judgement followed an appeal by BI against Dube’s decision directing its Board to convene an AGM while BOPEU cross-appealed against the setting aside of the round robin resolution and consequent removal of Mogwera and Tlhabologo Galekhutle as directors of the union’s investment wing.