Investor leaves Eleven Angels
Friday, October 13, 2023 | 1030 Views |
Changes: Mpatane confirmed Kgathola’s departure PIC: PHATSIMO KAPENG
Earlier this week, MmegiSport learnt that Kgathola who was brought in amid much fanfare, no longer holds any shareholding at the club. In April, Kgathola was allocated 50% ownership of the club while Mpatane retained a 50% stake.
Before Kgathola’s arrival, Mpatane enjoyed sole ownership of the club. However, CIPA (Companies and Intellectual Property Authority) records have now allocated Kgathola the designation of former director. Records also show that Mpatane has since assumed full ownership of the club once again. Furthermore, CIPA records state that Kgathola officially ceased being part owner of the club last week Friday. Various sources maintain that Kgathola has not been involved in the affairs of the club for some time.
‘When you make peace withyourself, you make peace with the world’- Maha GhosanandaThis may come at a huge cost if not handled properly. What started off on Labour Day in Letlhakane this year, where Boko was in attendance when the militant lawyer-cum-trade unionist, Robert Rabasimane rebutted the President’s address in defence of the trade union has seemingly spiralled out of control. The issue is now creating a cat-and-mouse type of a...