BCL �fatally insolvent,� liquidator reports
Wednesday, January 18, 2017
Nigel Dixon-Warren says when he delivers his report to the High Court on February 7, he will be recommending that BCL Ltd, which includes BCL Mine, BCL Investments and Tati Nickel, be placed under final liquidation. Final liquidation rules out a reopening of the mines by government and points to a sale of assets.
It is still possible that an investor could come on board and purchase the whole BCL group or individual assets such as Tati or the smelter.
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...