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CCA approves Mowana Copper Mine takeover

The Competition and Consumer Authority (CCA) has given Max Power Limited (MPL) a go-ahead to acquire 100 percent issued shares in Cradle Arc, a company that controlled Mowana Mine in Dukwi. Having received the transaction notice last month, the CCA has completed its assessment of the deal, and as a result, unconditionally approved it. Regarding […]

Mowana copper mine gets a new suitor

After almost three years under judicial management, Mowana Copper Mine in Dukwi has attracted new owners. The previous operator of the mine, Cradle Arc has been in provisional liquidation since October, 15th, 2020 and in the hands of the provisional liquidator, Terrence Dambe. However, the Competition and Consumer Authority has said that it has received […]

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