Spar purchases Kgale Shopping Centre from Kirbys

Hive of activity: Kgale Shopping complex PIC: PHATSIMO KAPENG
Hive of activity: Kgale Shopping complex PIC: PHATSIMO KAPENG

Tsetseng Retail Group, the operator of Spar stores around the country, has moved to purchase the Kgale Shopping Complex, where the supermarket chain is an anchor tenant.

The Competition and Consumer Authority is assessing Tsetseng’s bid to purchase the shopping complex and as yet, no value for the proposed transaction has been publicly disclosed.

According to the Authority, Tsetseng’s shareholders are Kevin Peter Gerard Lawless as well as Ride Investments and Fega Holdings. Ride Investments in turn controls Derek Brink Holdings and Rita Brink Holdings (Pty) Ltd.

Editor's Comment
Human rights are sacred

It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...

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