Thursday, March 23, 2023
  • About
  • Advertise
  • Privacy Policy
  • Cookie Policy
  • Contact
  • Subscribe
  • E-edition
  • Login
  • Register
  • Home
  • News
  • Economy
  • Columns
  • Companies & Markets
  • In Business With
  • Lifestyle
    • Motoring
  • Sports
    Botswana’s women boxing on the rise 

    Boxers Finally Receive their Prize Money from 2022 African Championships

    Darts Expects Only P50K from BNSC for 2023/24

    Darts Expects Only P50K from BNSC for 2023/24

    Botswana athletes to train in USA

    Botswana athletes to train in USA

    Debswana’s BAA Sponsorship Plays Critical Role in Developing BW Athletics – Theetso

    Debswana’s BAA Sponsorship Plays Critical Role in Developing BW Athletics – Theetso

    Boxers yet to Receive Prizes from 2022 African Boxing Championships 

    Boxers yet to Receive Prizes from 2022 African Boxing Championships 

    April will see 2nd Instalment of Summer Kids Marathon

    April will see 2nd Instalment of Summer Kids Marathon

    Trending Tags

    • Subscribe
    No Result
    View All Result
    • Home
    • News
    • Economy
    • Columns
    • Companies & Markets
    • In Business With
    • Lifestyle
      • Motoring
    • Sports
      Botswana’s women boxing on the rise 

      Boxers Finally Receive their Prize Money from 2022 African Championships

      Darts Expects Only P50K from BNSC for 2023/24

      Darts Expects Only P50K from BNSC for 2023/24

      Botswana athletes to train in USA

      Botswana athletes to train in USA

      Debswana’s BAA Sponsorship Plays Critical Role in Developing BW Athletics – Theetso

      Debswana’s BAA Sponsorship Plays Critical Role in Developing BW Athletics – Theetso

      Boxers yet to Receive Prizes from 2022 African Boxing Championships 

      Boxers yet to Receive Prizes from 2022 African Boxing Championships 

      April will see 2nd Instalment of Summer Kids Marathon

      April will see 2nd Instalment of Summer Kids Marathon

      Trending Tags

      • Subscribe
      No Result
      View All Result
      The Business Weekly & Review
      No Result
      View All Result
      Home News

      Mascom takes over MTN Botswana

      mm by Baboloki Meekwane
      March 15, 2023
      in News
      Reading Time: 1 min read
      0
      Mascom supports Kitsong Centres amidst the COVID -19 pandemic
      Share on FacebookShare on Twitter
      • The takeover boosts investments of BPOPF further

      Mascom Wireless Botswana (Pty) Ltd is in the process of acquiring 100 percent of the issued share capital and all sale claims of MTN Business Solutions Botswana, the Competition and Consumer Authority (CCA) has revealed after it received a merger notification for the proposed acquisition.

      Deci Investments (Pty) Ltd, which is a Botswana based company controlled by the Botswana Public Officers Pension Fund (BPOPF), controls the telecommunications company while the other shareholder is Econet Wireless Citizens, which holds approximately 40 percent of the issued capital in Mascom.

      “The other shareholder in Deci Investments, holding approximately 33.3 percent, is Mobile Botswana Ltd Mobile Botswana,” says a statememnt from CCA. “Econet Citizens is controlled by Mobile Botswana. The other shareholder in Econet Citizens, holding approximately 17.2 percent of its issued share capital, is Econet Investments Ltd (Econet Investments). Mobile Botswana is a 100 percent subsidiary of MTN International (Mauritius), which is in turn is indirectly wholly owned by MTN Group Limited,”

      According to CCA, Mascom wholly controls Direct Bpo (Pty) Ltd, a Botswana registered company in the business of customer management services which provides, among others, call centre and debt collection services. Mascom’s core business in Botswana is principally as a mobile carrier operator, and also sells a multitude of products and services ancillary to its operations as a mobile telecommunications network provider.

      MTN Botswana, which is the target enterprise in the transaction, is registered in Botswana and does not control any entity in the country “MTN Botswana is controlled by MTN Business Solutions (Pty) Ltd, a company registered in South Africa,” says CCA. “MTN Botswana is an internet service provider. It offers internet services and other business solutions through a virtual private network.”

      Tags: Botswana Public Officers Pension Fund (BPOPF)Competition and Consumer Authority (CCA)Deci Investments (Pty) LtdEconet Wireless CitizensMascom Wireless Botswana (Pty) LtdMTN Business Solutions Botswana

      Navigation

      • Home
      • News
      • Economy
      • Columns
      • Companies & Markets
      • In Business With
      • Lifestyle
        • Motoring
      • Sports
      • Subscribe

      Recent News

      • March 24th Edition
      • March 17th Edition
      • NBFIRA Intervenes in BOPEU’s Controversial Insurance Deductions
      • The Sweet Nostalgia of The Goodiebag Factory
      • Wild Waters in the Blood: Nkashi Demystifies Poling

      Site

      • About
      • Advertise
      • Privacy Policy
      • Cookie Policy
      • Contact
      • Subscribe
      • E-edition

      © 2021 The Business Weekly & Review. All Rights Reserved.

      No Result
      View All Result
      • Home
      • News
      • Economy
      • Columns
      • Companies & Markets
      • In Business With
      • Lifestyle
        • Motoring
      • Sports
      • Subscribe

      © 2021 The Business Weekly & Review. All Rights Reserved.

      Welcome Back!

      Login to your account below

      Forgotten Password? Sign Up

      Create New Account!

      Fill the forms below to register

      All fields are required. Log In

      Retrieve your password

      Please enter your username or email address to reset your password.

      Log In
      This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
      Are you sure want to unlock this post?
      Unlock left : 0
      Are you sure want to cancel subscription?