Sigwele blow :: Mmegi Online

Efforts to save Delta Dairies from going under the hammer hit a snag on Friday as the Lobatse High Court ordered that the citizen milk producing company should be liquidated.

This means that the company will be wound down and put under auction for any interested buyers. In February the company was placed under provisional liquidation following a high court petition by nine of its creditors.

The petition revealed that Delta Dairies owed Tswana Fuel and eight other companies close to P10 million in respect of services provided to the company, founded by citizen Dr Howard Sigwele. When the matter resumed last week, attorney representing Delta Dairies, Muller Keganne, who stood on behalf of Nancy Kiggundu, requested the high court to postpone the judgement for 30 days, stating that there were ongoing negotiations between the Delta Dairies and the creditors.

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Sigwele blow

Efforts to save Delta Dairies from going under the hammer hit a snag on Friday as the Lobatse High Court ordered that the citizen milk producing company should be liquidated.

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