Due diligence ongoing at BCL
Wednesday, April 12, 2017
Provisional liquidator, Nigel Dixon-Warren said the exercise is expected to conclude by the end of this month. This brings hope that the takeover deal will be sealed soon and in turn revive the Mine and the local economy.
The due diligence exercise is necessary for the buyer to familiarise himself with every aspect of the Mine and that includes the state it is in as well as the costs involved.
The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...