“This therefore calls for the amendment of BTC (Transition) Act 2008 to indicate that the Employee Share Ownership Plan to be established will be exclusively for citizens,” he explained. The details of the Employee Share Ownership Plan are currently being finalised.
In a related development, legislator, Tawana Moremi of the Ngamiland constituency objected saying he was afraid the amendment will tamper with people’s rights, adding that shareholders have a right to sell “to whoever they want.”
