Industry Newsroom

Ninety One and Rand Merchant Bank Ventures Partially Exit Consumer Goods Platform Kamoso Africa to Botswana Development Corporation

Ninety One, formerly known as Investec Asset Management, and Rand Merchant Bank Ventures have sold partial stakes in Botswana-based consumer goods supplier and distributor Kamoso Africa to Botswana Development Corporation (BDC). Ninety One and RMBV retain a controlling stake in the company, while BDC holds a 24% stake. Read more