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Is liquidation the right move for Bosasa?

And what now happens to its existing contracts with government?

Bosasa has voluntarily decided to liquidate its proceedings after the banks decided to pull out on the company citing reputational risk. Faith Ngwenya, technical executive at the South African institute of Professional Accountants, talks to the Classic Business Breakfast with Monyeweb about whether or not liquidation was the right move for Bosasa and what will happen to the company’s existing contracts with government going forward.

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