'Francistown doomed' � politicians

Moswaane believes BCL Mine can be resuscitated
Moswaane believes BCL Mine can be resuscitated

FRANCISTOWN: Politicians here are bemoaneing a BCL Ltd report released which said the closed mine's operations were "fatally insolvent".

The provisional liquidator, Nigel Dixon-Warren released a report this week putting paid to hopes that BCL Mine and Tati Nickel could reopen and that the only way out will have to be to sell them separately or as a whole as early as July.

Dixon-Warren addressed the media on Tuesday in Selebi Phikwe where he said that when he delivers his report to the High Court on February 7, he would be recommending that BCL Ltd, which includes both Mines and BCL Investments, be placed under final liquidation.

Editor's Comment
Gov’t must rectify recognition of Khama as Kgosi

While it is widely acknowledged that Khama holds the title of Kgosi, the government’s failure to properly gazette his recognition has raised serious concerns about adherence to legal procedures and the credibility of traditional leadership. (See a story elsewhere in this newspaper.) Recent court documents by the Minister for Local Government and Rural Development, Kgotla Autlwetse, shed light on the intricacies of Khama’s recognition process....

Have a Story? Send Us a tip
arrow up