CoA reserves judgment in Mupane saga :: Mmegi Online

The Court of Appeal (CoA) has reserved judgment in the long-running dispute over the sale of Mupane Gold Mine, giving hope to creditors that the matter is moving closer to being settled after extensive delays.

On Tuesday, the country’s highest court said the date for the judgment will be announced in two weeks. Mupane closed in March 2024 and went up for auction in April 2025, attracting three bids.

At the CoA, the first appellant, Kopanang Thekiso, as the liquidator of the mine as well as Nova Africa Resources, the initial winner of the bidding for Mupane, filed an appeal after the sale of the gold mine was halted by a High Court interdict. The interdict was granted to Ulsan Botswana, a losing bidder that challenged the selection of Nova as the preferred buyer, citing irregularities in the tender process.

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CoA reserves judgment in Mupane saga

The Court of Appeal (CoA) has reserved judgment in the long-running dispute over the sale of Mupane Gold Mine, giving hope to creditors that the matter is moving closer to being settled after extensive delays.

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