Over 70 firms eye BCL assets

Dixon-Warren says deadline for submission of expression of interests closed yesterday
Dixon-Warren says deadline for submission of expression of interests closed yesterday

SELEBI-PHIKWE: Over 70 companies have shown interest in buying BCL Mine or its assets following the placement of the company under final liquidation in June.

Provisional  liquidator Nigel Dixon-Warren, who can only be confirmed as final liquidator by the creditors at their next meeting, said there has been positive response from interested parties on BCL as evidenced by a lot of enquiries coming in.

“Over 70 companies have expressed interest. We will do background checks on potential buyers when it comes to the due diligence exercise,” he said.

Editor's Comment
Depression is real; let's take care of our mental health

It is not uncommon in this part of the world for parents to actually punish their children when they show signs of depression associating it with issues of indiscipline, and as a result, the poor child will be lashed or given some kind of punishment. We have had many suicide cases in the country and sadly some of the cases included children and young adults. We need to start looking into issues of mental health with the seriousness it...

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