African Global Operations News

#News24 ICYMI: Bosasa confirms liquidation; Semenya upset at IAAF ruling; and a lion on the loose in the Western Cape

Here are some of our top picks for the day: Bosasa confirms its liquidation after banks pull out African Global Operations, known as Bosasa, has confirmed in a statement that the company is under voluntary liquidation after their bank communicated a decision to close down the company’s banking facilities.

News 24 , South Africa Feb 18, 2019

Bosasa fallout: Correctional Services urgently sets up war room

Bosasa, now named African Global Operations, announced on Monday that its board had decided to place the company under voluntary liquidation.

News 24 , South Africa Feb 18, 2019

Correctional Services activates 'war room' to cope with Bosasa liquidation

Bosasa, now known as African Global Operations, announced early on Monday that it had gone into voluntary liquidation after both Absa and FNB shut its bank accounts.

Times Live , South Africa Feb 18, 2019

Correctional Services sets up war room after Bosasa files for liquidation

This is after African Global Operations, formerly Bosasa Operations, on Monday announced that its group of companies were filing for voluntary liquidation after two major South African banks, FNB and Absa, said they will be closing their accounts due to reputational risks.

IOL , South Africa Feb 18, 2019

#Bosasa: Workers protest amid sudden shutdown plan

Workers employed by facilities management company Bosasa, now known as African Global Operations (AGO), staged a demonstration outside its Mogale City head office on Monday - minutes after the company announced its voluntary liquidation.

News 24 , South Africa Feb 18, 2019

How Bosasa’s liquidation will impact nutrition in South Africa’s prisons

Bosasa liquidation impacts correctional services This comes after FNB and ABSA announced they will be closing banking accounts belonging to African Global Operations, formerly BOSASA.

The South African , South Africa Feb 18, 2019

The multibillion-rand Bosasa state contracts likely to be affected by the company's impending liquidation

Beleaguered facilities management and security company Bosasa, now known as African Global Operations (AGO), announced on Monday that the company was under voluntary liquidation.

News 24 , South Africa Feb 18, 2019

Bosasa to close after being ditched by SA banks

Bosasa, which is now known as African Global Operations, found itself embroiled in allegations of state capture when its former COO, Angelo Agrizzi, appeared before the Zondo commission and testified about corruption and bribes relating to the firm’s contracts with the government.

Times Live , South Africa Feb 18, 2019

BREAKING: Bosasa confirms its liquidation after banks pull out

African Global Operations, known as Bosasa, has confirmed in a statement that the company is under voluntary liquidation after their bank communicated a decision to close down the company’s banking facilities.

News 24 , South Africa Feb 18, 2019

BREAKING: FNB, Absa close Bosasa bank accounts

Agrizzi has turned against Watson and Bosasa, now trading as African Global Operations, and has testified about the company's alleged decade of state capture before the Zondo Commission.

News 24 , South Africa Feb 18, 2019