The High Court has placed Tataki Mining Company (Pty) Ltd under provisional liquidation. The court appointed Kopanang Tshekiso as provisional liquidator, following an urgent application by Grindwell (Pty) Ltd trading as Discovery.
The order was issued by Justice Reuben Lekorwe in Lobatse on January 31, 2026.
In the ruling, the court issued a rule nisi calling on all interested parties to appear on 20 March 2026 at 09:00 to show cause why the provisional liquidation order should not be made final and why the costs of the petition should not be costs in the winding-up of the company.
Justice Lekorwe ordered that Tataki Mining Company be placed under provisional liquidation in the hands of the Master of the High Court in terms of sections 369(b) and/or 369(f) of the Companies Act. Pending the appointment of a final liquidator by the Master, Tshekiso was formally appointed as provisional liquidator.
The court directed that the order be published immediately in the Government Gazette, in a newspaper circulating throughout Botswana, and served on the company at both its principal place of business and registered office.
The court further authorised the provisional liquidator, in terms of section 384(4)(e) of the Companies Act, to continue or discontinue the company’s business and to maintain or terminate contracts as deemed appropriate. All banks holding funds in Tataki Mining Company’s accounts were ordered to cede full control and signing authority to the provisional liquidator, to the exclusion of the company’s directors and existing signatories.
In addition, all legal proceedings against the company, whether pending or contemplated, were stayed in terms of section 372(a) and (b) of the Companies Act.
The court directed that the order be published immediately in the Government Gazette, in a newspaper circulating throughout Botswana, and served on the company at both its principal place of business and registered office. Several aspects of the order, including the liquidation and appointment of the provisional liquidator, were declared immediately operative pending the return date.
The matter will return to court in March, when creditors, shareholders and other interested parties will have an opportunity to oppose the confirmation of the liquidation.
