Second wind for Golden Fruit

Friday, March 13, 2015

Under the hammer: Bidders in discussions after yesterday's auction in Boatle

From two years mothballed, the troubled tale of Golden Fruit Pty took another twist yesterday when diversified retail and manufacturing giant, Sefalana Holdings, bid the highest at the juice company’s disposal auction. Staff Writer, MBONGENI MGUNI, was on site.

A new awakening for Golden Fruit Pty is on the horizon, after top Botswana Stock Exchange performer, Sefalana Holdings, posted the top bid of P4.3 million at a disposal auction held in Boatle yesterday morning.

Golden Fruit was mothballed in 2013 amid operational stress, with more than 100 workers losing their jobs. The 17-year-old company was wholly owned by the Botswana Development Corporation (BDC), which snapped it up from its founding citizen investors.

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Second wind for Golden Fruit

From two years mothballed, the troubled tale of Golden Fruit Pty took another twist yesterday when diversified retail and manufacturing giant, Sefalana Holdings, bid the highest at the juice company’s disposal auction. Staff Writer, MBONGENI MGUNI, was on site.

Human rights are sacred

Bakgatla Ba Kgafela celebrate as Kgosi Kgafela’s charges are dropped

First Lady's office hosts second annual thanks giving ceremony

PSLE performance on upward trend

Bona Life tee-off Maruapula Loxion Golf journey

Cops arrest young man, seize dagga in Metsimotlhabe

Second Mogoditshane rape attack in two weeks

Suspected suicide behind Sir Seretse Khama Barracks

Human rights are sacred