New twist to Delta dairies saga

Howard Sigwele
Howard Sigwele

Delta Dairies managing director Herman de Lange, one of the over 54 workers owed two months salaries at the milk company says CEDA have assured them that they have not sold the company back to the founder, Howard Sigwele, as he alleges in the Friday Mmegi.

De Lange says he was with the liquidator on Thursday the day before the story appeared, when CEDA assured them that they terminated all discussions of a sell back with Sigwele after the company was put under provisional liquidation on August 20.

John Little of Corporate Services is the provisional liquidator. 

Editor's Comment
Botswana at a critical juncture

While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...

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