Deal reached in Pula Steel legal hurdle
Friday, March 01, 2019
Pula Steel, which was the country’s pioneering steel plant, was built at a cost of P130 million in 2015 and entered liquidation in October 2017 having operated in fits and starts due to financial and technical challenges, including shortage of its raw materials. Creditors owed about P100 million were left in the wake of the plant’s closure.
Pula Steel liquidator, John Hinchliffe told Mmegi that the dispute that threatened the sale had been cleared for now and a winning bidder identified.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...