In fact‚ Western Province Ltd chairman Ebrahim Rasool contends that this now gives them the opportunity to advance their transformation targets.
The boardroom merry-go-round has partly happened as a result of investor and equity partnership deals Western Province have been linked with over the last year. “Given the difficult times we live in‚ we need a board member who could ensure we have financial and legal depth in the functioning of the board.
Rasool addressed the latest deal on the table – the $6m offer for a controlling stake from New York based MVM Holdings.
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