Wilderness confirms Air Botswana bid

In a commentary accompanying the Johannesburg (JSE) and Botswana Stock Exchange (BSE) listed company’s financials for the year ended February 28, 2017, Wilderness confirmed the interest but said there has been no further progress since the proposal was submitted.

“The group has submitted an Expression of Interest in the privatisation of Air Botswana in response to a public invitation from government in February, but there has been no further progress in the matter. Investors will be kept advised in the normal manner should there be any further concrete developments in this regard,” said Wilderness.