New Companies Act promotes business growth

source: Mmegi

MONKAGEDI GAOTLHOBOGWE
CORRESPONDENT

The new Companies Act has been hailed as a progressive piece of law that has liberalised businesses in Botswana in line with modern standards across the globe, John Kiggundu, a law professor at the University of Botswana, said Tuesday evening.

Kiggundu was presenting a public lecture on the statute he helped draft between 1998 and 2003, but which only came into effect in July this year.

The lecture, which was also attended by Acting Vice Chancellor Professor Frank Youngman, was hosted by UB as part of its on-going 25th anniversary celebrations.
It was also a part of the university’s programme to show the public some of its contributions to the national economy.

A feature of the new law is the [continue reading]

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