Warren-Dixon to sell BCL for P5 billion

Dixon-Warren
Dixon-Warren

SELEBI-PHIKWE: BCL Mine is selling its farm and tailings next week for P5billion, the liquidator, Nigel Nixon-Warren has disclosed.

Nixon-Warren said they were currently seeking proposals from the business community to acquire rights to run the properties on a commercial scale.

Speaking during the SPEDU consultative forum, Dixon-Warren said he was also working with Pula Steel liquidator for potential investors to purchase the assets of the plant with the aim to reopen it.  He added that BCL as the biggest creditor at Pula Steel was interested in seeing a successful disposal of the plant.

Editor's Comment
Commitment by DPP to fight corruption welcome

Whilst many citizens put trust in their leaders that they are tackling one of the worst curses that can befall a country, the public has lost trust after all the cases seemed not to go anywhere.As the saying goes, ‘corruption is a cancer that eats away at the fabric of society’; corruption affects effective governance.Corruption affects delivery of services to the public and also crumbles most systems meant to assist citizens who are very...

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