Judicial Manager News Today

Balancing decentralization and effective regulation raises pulses among crypto enthusiasts as well as lawmakers.

The Marvo Stationary case continue to drag on and on, with new twists and turns. Since the company was sold to Mahlongonono Valela and his partners, following t...

The fallout from the gigantic fraud at the Jamaican investment firm Stocks and Securities Limited (SSL) that wiped out more than US$12 million (BDS$24 million) from global athletics icon Usain Bolt, is still occurring. The investment firm, which touts a corporate slogan of “Experience Financial Freedom, with SSL”, is now reeling from this scandal. The mind-boggling fraud has cast a pall over

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Hodlnaut filed an application with the Singapore High Court to be placed under judicial management to avoid forced liquidation of its assets. 

Throughout the year, we have been keeping you up to date on noteworthy developments across the region with our Regional Round-up Publications. As we…

Weekend Post Breaking News Botswana Unified Revenue Services (BURS) has lost an P80 million tax claim against Prevailing Securities (Pty) Ltd, a company owned by Shadrack Baaitse, an ally of former President Lt Gen Ian Khama. Lobatse High Court Judge Michael Leburu this week ruled in favour of Danny Julius Guduli in his capacity as the Judicial Manager of Prevailing Securities (Pty) Ltd against Botswana Unified Revenue Services (BURS) and its Commissioner General. On the 17 th August 2018, the ...

Uphill battle in Khama’s quest to charge Hubona Breaking News A matter in which former President Lt Gen Ian Khama had brought before Broadhurst Police Station in Gaborone, requesting the State to charge Directorate on Corruption and Economic Crime (DCEC) lead investigator, Jako Hubona and others with perjury has been committed to Headquarters because it involves “elders.”  Broadhurst Police Station Commander, Obusitswe Lokae, told this publication this week that the case in its nature is...

By Bulawayo Correspondent BULAWAYO businessman Dharmesh Bhikha has filed an urgent chamber application at the Bulawayo High Court interdicting Tilus Supermarkets Judicial Manager Philip Ndlovu from disposing of the business’s assets without the consent of shareholders and creditors. Bhikha and Deputy Minister of Industry Raj Modi co-owned H Bhikha Enterprises trading as Tilus Supermarkets before their acrimonious separation which saw the company being run by Ndlovu as the dispute spilled into...

(Bloomberg) -- Hyflux Ltd., which was put under judicial management in November last year, will be fielding several possible bids in the months ahead as it tries to avoid running out of money.The Singaporean water-treatment company currently has at least seven non-binding offers from potential investors, according to two people familiar with the matter. It needs to move fast: the firm had S$18.4 million ($13.8 million) of cash as of Jan. 31, enough to survive five months from that date, the peop...