Mascom interdicted from hosting Derby
Monday, March 06, 2023 | 2290 Views |
Chalegwa Mabua in consultation with his lawyers during their case with Mascom at Gaborone high court PIC: PHATSIMO KAPENG.
Chalegwa Mabua and his company, Botsepa Agencies (Pty) Ltd trading as Ngami Horse Racing approached court on urgency after Mascom dumped him and his Shashe Race track for a different venue and technical sponsor.
The Mascom event will be staged on the same Easter weekend as has always been the case under their partnership. Mabua was represented by Njiramanda Mbewe- Boatey, Dr Bernard Tubego-Bulawayo and Kukie Hirschfeld while Mascom was represented by Mike Rasetshwane.
These are not ordinary times. Yet, history reminds us that this nation has navigated difficult waters before and did so by clinging firmly to the principles of prudence and macroeconomic stability. From independence in 1966, Botswana chose a path few resource-rich countries managed to sustain. Diamond revenues were not treated as windfalls for reckless expansion, but as capital to be managed with caution. The establishment of fiscal rules,...