Judge reverses Karpowership BEE deal

Local partner Powergroup SA to get back its 49% share

03 December 2023 - 00:00

The local partnership fight in the R200bn Karpowership deal has taken yet another twist with arbitration essentially reversing the move by Turkish giant Karadeniz Holdings to take local BEE partner Powergroup South Africa’s 49% stake in Karpowership South Africa (KPSA)...

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