Senwelo keen on 10% Chiefs stake

Eyeing takeover: Senwelo
Eyeing takeover: Senwelo

Entrepreneur, Moemedi Senwelo has proposed to buy a 10% stake in popular Kgatleng giants, Mochudi Centre Chiefs following the club’s recent transition from a society to a company.

Last week, Chiefs announced it has privatised and Senwelo is among the interested suitors. Last month, Senwelo, who is the chief executive officer at CRACKiT Tuition Centre, announced plans to acquire a 70% stake but faced challenges as Chiefs was run as a society and not a company.

His hopes have, however, been rekindled after the Kgatleng giants transformed a company last week.

Editor's Comment
Happy Independence!

We are 56 years old and what do we have to show for it? Looking at where Botswana started and where it is today, there are a lot of developments, but whether the developments match the number of years we have enjoyed as a country is a topic for another day.The fact that cannot be denied is we have seen major developments, but we are still lacking in several pertinent areas.Our beautiful country imports almost everything. We import fuel, food,...

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