Creditors urged to challenge BCL liquidation

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SELEBI-PHIKWE: Selebi-Phikwe West legislator, Dithapelo Keorapetse has urged the local business community and creditors of BCL Limited to institute legal action against the decision to place the mine and its subsidiaries under provisional liquidation.

He said this in a question and answer session during a recent meeting addressed by the Minister of Mineral Resources, Green Technology and Energy Security, Sadique Kebonang last week.

To the applause of the concerned business community and creditors, Keorapetse insisted that challenging the government’s decision is necessary because the liquidation is going to leave the town in serious problems.

Editor's Comment
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That should concern every Motswana. The implications extend far beyond cattle and farmers. Botswana’s beef industry is a critical pillar of the economy, supporting thousands of households and sustaining businesses along the value chain.The loss of access to lucrative export markets has already demonstrated how quickly an animal-health crisis can become an economic crisis.This is, therefore, not the time for complacency, blame, or political...

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