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The spectre of private access to public assets for the benefit of private commercial interests loomed large this week in the court clash between partners in the controversial power ships emergency power procurement tender. ....
Turkish power ship giant Karadeniz Holdings Ltd (KHL) has taken back its shares from its empowerment partners, Powergroup SA, just days before a court would hear arguments in an application to interdict them from doing exactly that. ....
Karpowership’s local empowerment partners have hauled the Turkish company to court to prevent being kicked out of the deal amid claims they were offered millions to sell their shares to a mystery partner who turned out to be businesswoman Anna Mokgokong. ....