Slap in the face for BCL creditors

BCL Mine will not be restarting any time soon
BCL Mine will not be restarting any time soon

SELEBI-PHIKWE: The estimated 800 creditors of BCL Mine, owed over P2 billion, are being asked to contribute towards the P1 billion needed for the mine’s rehabilitation fund.

According to the provisional liquidator, Nigel Dixon-Warren, at present, there has been very little recovered from the Mine’s debtors. This effectively means creditors will make minimal recoveries of the monies they are owed by BCL.

Local creditors left an informal meeting yesterday with long faces, after the provisional liquidator informed them that those submitting claims against the Mine would also have to contribute towards the rehabilitation fund.

Editor's Comment
Inspect the voters' roll!

The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...

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