Appeals Court blocks Boko family-linked bidder in Mupane Mine takeover

Court Rejects Bidder’s Appeal in Mupane Mine Takeover

Botswana’s Court of Appeal has dismissed an attempt to halt the acquisition of the Mupane gold mine, delivering a significant ruling regarding a company reportedly tied to the family of President Duma Boko.

Appellate Judges Uphold Previous Decision

Justice Isaac Lesetedi, presiding over the judgment, described the appellant, Ulsan, as a “grumpy loser” lacking a discernible right to protection. This stance was affirmed by Court of Appeal President Justice Tebogo Tau and Court of Appeal judge Justice Lot Moroka.

Context of the Mine’s Acquisition

This decision marks a critical development in the ongoing process surrounding the Mupane gold mine, which has faced operational challenges. The court’s ruling paves the way for the mine’s takeover to proceed without further delays from this particular appellant.