Delta Dairies to be liquidated

Going under: The milk company will be sold off to pay off creditors
Going under: The milk company will be sold off to pay off creditors

Dr Howard Sigwele, the citizen promoter of the milk company Delta Dairies, lost big yesterday at the High Court when justice Terence Rannowane ruled that the multi-million Pula company be liquidated.

Sigwele had tried in vain to stop the court from shutting down the company after it was put under provisional liquidation in August.

In granting orders that the milk company winds up, justice Rannowane said its finances were in a perilous state, and quoted various independent audit reports and numerous lawsuits filed by creditors against Sigwele’s company.

Editor's Comment
A promising step for public schools, but...

For too long, the state of many public schools has been a source of shame. We have all seen the pictures and heard the stories of broken windows, unreliable water and electricity, topped by classrooms that are not fit for proper learning. The establishment of the Education Infrastructure and Management Company Ltd (EIMC) signals that authorities are finally ready to take this problem seriously. We must commend the government for this initiative....

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