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Ethos-led Consortium Takes 80% Stake in RTT Group

Ethos Private Equity said on Tuesday it has led a private equity consortium to acquire 80 percent stake in RTT group, a logistics company, for an undisclosed sum. The consortium members include African Development Partners II, a private equity fund advised by Development Partners International (DPI) and the Government Employees Pension Fund (GEPF), represented by the Public Investment Corporation (PIC).

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South Africa Looks for Better Trade Relations with Botswana, Namibia

South African President Jacob Zuma met this month with two of his counterparts from the Southern African region to push for better trade integrations between South Africa and Botswana; Namibia. Speaking last week at the inaugural South Africa-Botswana Bi-National Commission meeting, which was co-hosted by the President and Botswana’s President Ian Khama, the leaders said discussions are under way to look at how resources could be streamlined to boost trade between the two Southern African countries.

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