Liquidator handpicks Mowana mine buyer

Friday, September 23, 2016

Mowana Mine has been closed since November 2015

FRANCISTOWN: Liquidators of African Copper’s trouble-prone Mowana mine have said they have finally identified a buyer for the operation.

However, officials at PricewaterhouseCoopers (PwC) who have been appointed to facilitate the liquidation process have said the name of the company that has won a bid to buy the mine will only be announced on or after October 7.

“Our preferred bidder was selected some weeks ago. We are still finalisng negotiations for the sale of the mine,” PwC managing director (MD), Butler Phiri told BusinessWeek on Wednesday.

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Liquidator handpicks Mowana mine buyer

FRANCISTOWN: Liquidators of African Copper’s trouble-prone Mowana mine have said they have finally identified a buyer for the operation.

Stanbic pretax profits up 11%

The audacity to be a unicorn

Faulty gadgets top complaints to BOCRA

Civil Society fights 'flawed' constitutional amendment

Civil Society calls for Constitution review governing Act

IEC rejects 2,513 registrations

Motshegwa prevails against detractors

Serowe woman ingests acid, attempts suicide

Inspect the voters' roll!