Nigel Chanakira’s Kingdom Bank Africa Limited faces liquidation

Nigel Chanakira’s Kingdom Bank Africa Limited  faces liquidation

BOTSWANA’S central bank has been granted an order by the High Court in that country to liquidate Nigel Chanakira’s Kingdom Bank Africa Limited due to insolvency, the bank said on Friday. The Bank of Botswana announced that the period of temporary management of KBAL ended on May 18 and that due to insolvency, it had successfully applied for its liquidation at the High Court of Botswana and the order was granted on May 12. The…

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