�Pula Steel can survive�
Friday, March 10, 2017
The company has been placed under Judicial management by the High Court, and all orders by creditors to attach the company’s property have been suspended. However the order came after one creditor had already attached and auctioned some trucks, trailers and two small vehicles.
The Judicial manager said the company has about 100 creditors with some owed substantial amounts of money and there are eight orders from creditors to attach property, but has since been suspended.
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....