Creditors approve Mowana takeover deal
Friday, November 26, 2021 | 1930 Views |
Mowana Mine’s judicial manager, John Hinchliffe, stressed that the approval by creditors was not the final step in the takeover deal.
“Please note this is an ongoing process and approval of creditors is one step in the right direction but the conclusion will not be reached until after sanction of the scheme,” he said. “Sanction will only be given if all conditions precedent are concluded.”
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...