New investor snaps up 13m Imara shares

Imara shares are tranding at P 3. 00 per share on the BSE
Imara shares are tranding at P 3. 00 per share on the BSE

An investor recently snapped up 12.9 million shares of listed financial services firm, Imara Holdings Limited, in open trading on the Botswana Stock Exchange (BSE).

In a statement announcing the unprecedented shares trading activity, Imara stated that between March, 27, 2015 and April, 1, 2015 there had been ‘abnormally high trading activity in the Imara counter.’

“A total of 12.9 million Imara shares have been traded representing 21.96 percent of the issued capital of Imara.

Editor's Comment
We should care more for our infrastructure, road safety

These roads, which are vital conduits for trade and tourism, have long been in dire need of repair. However, while this development is undoubtedly a positive step, it also raises questions about broader issues of infrastructural management and road safety that deserve closer scrutiny.The A3 and A33 roads are not just any roads, they are critical arteries that connect Botswana to its neighbours and facilitate the movement of goods and people...

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