Bosasa board dissolved, workers to keep their jobs for now - liquidator
22 February 2019
Court-appointed liquidator Cloete Murray says he has met with Bosasa workers and their union representatives, as he begins to take the facilities management firm through a process of liquidation.
Murray was at the Krugersdorp head office of the company now known as African Global Operations (AGO) on Friday, four days after directors applied to put the business into voluntary liquidation.
Murray was appointed by the Master of the High Court in Johannesburg on Thursday.
On Monday, AGO confirmed that its bankers, FNB and Absa, had closed its accounts due to "reputational risk".