Delta Dairies to be liquidated

Wednesday, October 22, 2014

Going under: The milk company will be sold off to pay off creditors

Dr Howard Sigwele, the citizen promoter of the milk company Delta Dairies, lost big yesterday at the High Court when justice Terence Rannowane ruled that the multi-million Pula company be liquidated.

Sigwele had tried in vain to stop the court from shutting down the company after it was put under provisional liquidation in August.

In granting orders that the milk company winds up, justice Rannowane said its finances were in a perilous state, and quoted various independent audit reports and numerous lawsuits filed by creditors against Sigwele’s company.

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Delta Dairies to be liquidated

Dr Howard Sigwele, the citizen promoter of the milk company Delta Dairies, lost big yesterday at the High Court when justice Terence Rannowane ruled that the multi-million Pula company be liquidated.

Stanbic pretax profits up 11%

The audacity to be a unicorn

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Civil Society fights 'flawed' constitutional amendment

Civil Society calls for Constitution review governing Act

IEC rejects 2,513 registrations

Motshegwa prevails against detractors

Serowe woman ingests acid, attempts suicide

Inspect the voters' roll!