Investor faces hurdles in Chiefs acquisition

To the rescue? Senwelo is interested in investing in Chiefs
To the rescue? Senwelo is interested in investing in Chiefs

It is a song that many have repeatedly failed to move to but entrepreneur, Moemedi Senwelo is ready to tango.

Senwelo has expressed his interest to acquire a 70% stake in the popular side, Mochudi Centre Chiefs. He is, however, like many who came before him faced with a hurdle as the club is run as a society and not a company.

The youthful Senwelo is the Chief Executive Officer at CRACKiT Tuition. The company offers private and group tutoring, classes, test preparations and virtual learning for students, and operates in Botswana, South Africa and recently ventured into Namibia.

Editor's Comment
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