Grit cashes P200m from Letlole

Before Grit Services Limited increased its stake in Letlole La Rona, it had a shareholding of 6.25 percent. Botswana Development Corporation (BDC), the majority shareholder, struck a much-touted deal with Grit for the government’s investment arm to reduce its stake in Letlole, handing them to what is recognised to be a leading pan-African real estate company focused on investing and actively managing a diversified portfolio of assets.