Thursday, May 15, 2025
  • About
  • Advertise
  • Privacy Policy
  • Cookie Policy
  • Contact
  • Subscribe
  • E-edition
  • Login
  • Home
  • News
  • Economy
  • E-Edition
  • Companies & Markets
  • In Business With
  • Lifestyle
    • Motoring
  • Sports
    Region 5 Empowers Optometrists for Inclusive Sport

    Region 5 Empowers Optometrists for Inclusive Sport

    Summer Kids Marathon Targets 1,500 Participants

    Absa promises “bigger and better” Kids Marathon

    Young Motswana Golfer Shines in Zimbabwe Tournament

    Young Motswana Golfer Shines in Zimbabwe Tournament

    Young Bowlers Make Historic International Debut in South Africa

    Young Bowlers Make Historic International Debut in South Africa

    UDC govt prioritises school sports, athlete welfare – Kelebeng

    Botswana to overhaul sports laws, strengthens anti-doping measures

    BFA Seeks Financial Backing For Continental Showdowns

    BFA Seeks Financial Backing For Continental Showdowns

  • Subscribe
No Result
View All Result
  • Home
  • News
  • Economy
  • E-Edition
  • Companies & Markets
  • In Business With
  • Lifestyle
    • Motoring
  • Sports
    Region 5 Empowers Optometrists for Inclusive Sport

    Region 5 Empowers Optometrists for Inclusive Sport

    Summer Kids Marathon Targets 1,500 Participants

    Absa promises “bigger and better” Kids Marathon

    Young Motswana Golfer Shines in Zimbabwe Tournament

    Young Motswana Golfer Shines in Zimbabwe Tournament

    Young Bowlers Make Historic International Debut in South Africa

    Young Bowlers Make Historic International Debut in South Africa

    UDC govt prioritises school sports, athlete welfare – Kelebeng

    Botswana to overhaul sports laws, strengthens anti-doping measures

    BFA Seeks Financial Backing For Continental Showdowns

    BFA Seeks Financial Backing For Continental Showdowns

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

Tussle over P100m

ABC Holdings (ABCH) is embroiled in a drawn out court battle against Norsad Finance Limited. ABCH owes Norsad P100 million and the latter seeks the winding up of ABCH to recover the funds it loaned to it. But ABCH says it has elected not to make payments of the amount claimed by Norsad because of a standstill agreement it has entered into with other creditors

mm by Keabetswe Newel
November 18, 2022
in News
Reading Time: 1 min read
0
Tussle over P100m
Share on FacebookShare on Twitter

In a petition before court, Norsad says it is owed USD10,000,000 (nearly P129 million) and it seeks the winding up of ABCH to recover the funds it loaned to it. However, ABCH says it is undergoing debt restructuring in which certain signed agreements may result in Norsad being unable to recover its P100 million and that the financier is an unsecured creditor.

This content is locked

Login To Unlock The Content!

Remember Me
Lost your password?
Don't have an account? Register
Tags: ABCHNorsad

Navigation

  • Home
  • News
  • Economy
  • E-Edition
  • Companies & Markets
  • In Business With
  • Lifestyle
    • Motoring
  • Sports
  • Subscribe

Recent News

  • First Capital Bank Hosts ‘Wealth Insights’ Webinar Series Focused on Wealth Management
  • May 9th Edition
  • Gambling is big business in Botswana
  • Overshadowed by SACU
  • An Unskilled and Unproductive Workforce Threaten Diamond Beneficiation

Site

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

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

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

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

Log In
No Result
View All Result
  • Home
  • News
  • Economy
  • E-Edition
  • Companies & Markets
  • In Business With
  • Lifestyle
    • Motoring
  • Sports
  • Subscribe

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

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?