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

Source(s): AVCA

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