Liquidator to market BCL after court�s ruling

Dixon-Warren
Dixon-Warren

FRANCISTOWN: The BCL Limited liquidator, Nigel Dixon-Warren has noted that he will start vigorously marketing the mine once a final liquidation has been granted. The High Court is expcted to pass a ruling on BCL’s final liquidation on February 07, 2017.

Dixon-Warren said this following remarks made by the Botswana Mine Workers Union (BMWU) that there has been poor marketing of the mine.

“Once the companies are placed into final liquidation and the first meeting of creditors is held, it is at that time that the creditors will instruct the liquidator to proceed with the disposal of assets,” Dixon-Warren told BusinessWeek.

Editor's Comment
Bulela Ditswe entry fee could hamper broke talent

The fees have been doubled from the previous amounts and raise concerns about political participation accessibility and democratic representation principles.This significant fee increase prompts questions regarding its impact on grassroots democracy.On one hand, the fees act as a filter, ensuring only serious contenders enter the race, potentially reducing frivolous candidacies and generating crucial campaign funds. The BDP argues that aspiring...

Have a Story? Send Us a tip
arrow up