Elliot Moshoke is a Botswanan entrepreneur, and the founder and group chief executive officer (CEO) of Acute Global Limited. He launched the group of companies in 2017, a separate spinoff of their family company Moshoke Ranch, founded in 1979.

Early life and education

Moshoke was born and raised in

Mahalapye Mahalapye is a town located in the Central District of Botswana Botswana, officially the Republic of Botswana, is a landlocked country in Southern Africa. Botswana is topographically flat, with approximately 70 percent of its territory pa ...

where he also spent his childhood. He holds a Bachelor of Finance degree from

University of Botswana The University of Botswana (UB) was established in 1982, as the first institution of higher education in Botswana. The university currently has three campuses: one in the capital city Gaborone, one in Francistown, and another in Maun. The Unive ...

. He has also obtained a Law degree (

LLB A Bachelor of Laws (; LLB) is an undergraduate law degree offered in most common law countries as the primary law degree and serves as the first professional qualification for legal practitioners. This degree requires the study of core legal subje ...

) from

University of South Africa The University of South Africa (UNISA) is the largest university system in South Africa by enrollment. It attracts a third of all higher education students in South Africa. Through various colleges and affiliates, UNISA has over 400,000 student ...

Career

Acute Global Limited

In 2017, he founded Acute Global, his family-owned group investment holding company. The group of companies is a 100% Botswana-owned investment

holding company A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share ...

with primary interests in financial services and food retail. As of 2022 the group operated nine Payless supermarkets in the country.

Western Insurance Group

Following PSG Group's exit from Botswana, Moshoke's Acute Group acquired both the Western Life Insurance Botswana (Proprietary) Limited, which was renamed to WestLife Insurance Botswana and Western Insurance, now WestSure Insurance Botswana which started operating in Botswana in June 2018, and licensed insurers registered with the Non-Bank Financial Institutions Regulatory Authority ("NBFIRA"). In 2021, the Company shareholding changed, with Acute Global Limited having purchased 100% shareholding through Boago Emerging Markets, part of the Acute Global Limited group of companies. Western Life Insurance Botswana is a member of the Association of Life Underwriters Botswana. In April 2021, Boikanyo Kgosidintsi was appointed as the new chief executive officer to run the business, immediate focus being operational and financial resilience.

Payless

On April 14, 2021, Moshoke led an acquisition of Payless, the oldest supermarket chain in Botswana, a move that saw the first retail chain get in the hands of an indigenous Motswana. Payless Supermarket, founded in Botswana in 1990, making it the first FMCG chain store in Botswana. The supermarket was going through a liquidation process and Moshoke, through Ellis Retail Group, acquired Payless. Moshoke was also a director of the retail company Hungbots Limited until 2015.

Politics

Moshoke is a member of the

Umbrella for Democratic Change The Umbrella for Democratic Change (UDC) is a centre-left politics, centre-left to Left-wing politics, left-wing Electoral alliance, alliance of political parties in Botswana. Since the 2024 Botswana general election, the UDC has been the governi ...

(UDC), and an ally of its leader

Duma Boko Duma Gideon Boko (born 31 December 1969) is a Motswana politician and lawyer who is currently serving as the sixth President of Botswana since 1 November 2024 and as leader of the Umbrella for Democratic Change since 2012. He served as Leader of ...

. In April 2014, while defending Duma Boko, Moshoke threatened to kill Isaac Kgosi, the director of Botswana national intelligence Directorate on Intelligence and Security.

References

External links

Elliot Moshoke website
{{DEFAULTSORT:Moshoke, Elliot South African businesspeople Living people Botswana business executives 21st-century Botswana businesspeople 1980 births Businesspeople in insurance University of South Africa alumni Tswana people University of Botswana alumni