MoneywebFamous Brands warns of up to 33% drop in interim earnings
A R40.9m goodwill impairment linked to its Botswana operations weighs on earnings as the group reduces its stake in Retail Group from 51% to 30%.
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MoneywebMoneywebBotswana set as Southern African hub in Dangote Refinery IPO
The Botswana depositary receipts are expected to raise $500m towards the refinery’s $1.6bn IPO, which has been extended to 27 October.
MoneywebBotswana said to near agreement on size of its De Beers stake
The proposed deal could lift Botswana’s stake from 15% to about 25%, clearing a major hurdle in Anglo American’s planned sale.