10 Oct Empowerment firm buys into Mpumalanga coal-mines
A Pretoria-based black economic empowerment company has clinched a deal which will see it acquire a controlling share- holding in one opencast and two underground coal-mines in Mpulamanga for R130-million. The transaction will give Luvhomba Mining, headed by lawyer-turned-businessperson Matthews Mulaudzi, a 51% equity stake in the...