Liquidator handpicks Mowana mine buyer

Friday, September 23, 2016

Mowana Mine has been closed since November 2015

FRANCISTOWN: Liquidators of African Copper’s trouble-prone Mowana mine have said they have finally identified a buyer for the operation.

However, officials at PricewaterhouseCoopers (PwC) who have been appointed to facilitate the liquidation process have said the name of the company that has won a bid to buy the mine will only be announced on or after October 7.

“Our preferred bidder was selected some weeks ago. We are still finalisng negotiations for the sale of the mine,” PwC managing director (MD), Butler Phiri told BusinessWeek on Wednesday.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

42 out of 45 bodies of Limpopo bus crash victims identified

Boikanyo Mathonsi | 3 h ago

Selefu

5 h ago

Selefu

5 h ago

Civil Society threatens court action over constitution amendment

Innocent Selatlhwa | 5 h ago

Fans urged to fill up stadium

Kabelo Boranabi | 5 h ago

Coaches take jabs ahead of derby

Kabelo Boranabi | 5 h ago

A city divided!

Kabelo Boranabi | 6 h ago

Civil Society threatens Masisi with legal action

Innocent Selatlhwa | 8 h ago

Routine child vaccination imperative

The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...

The Monitor Editor | 15 April 2024

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More

Liquidator handpicks Mowana mine buyer

FRANCISTOWN: Liquidators of African Copper’s trouble-prone Mowana mine have said they have finally identified a buyer for the operation.

42 out of 45 bodies of Limpopo bus crash victims identified

Selefu

Selefu

Civil Society threatens court action over constitution amendment

Fans urged to fill up stadium

Coaches take jabs ahead of derby

A city divided!

Civil Society threatens Masisi with legal action

Routine child vaccination imperative