Tanzania: South African Billionaire Motsepe Faces $195m Lawsuit in Tanzania

Source link : https://www.afric.info/2024/11/04/news/tanzania-south-african-billionaire-motsepe-faces-195m-lawsuit-in-tanzania/

TLDR Tanzanian mining firm Pula Group sues South African billionaire Patrice Motsepe and his companies for $195 million in Tanzania’s commercial court. Allegations claim that Motsepe’s entities breached a non-compete contract by investing in Australian company Evolution Energy Minerals near Pula’s graphite project. ARM denies the claims, asserting they considered but declined investment in Pula’s […]

Author : AFRICA-NEWS

Publish date : 2024-11-04 15:21:15

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