Eskom refuses to provide information on Tegeta claim settlement – AfriBusiness

June 23, 2017

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Business rights watchdog AfriBusiness will consult with its legal team to determine the way forward after State-owned Eskom reportedly refused to provide it with information on the R2-billion fine imposed on Tegeta Resources’ Optimum coal mine. Following a period of arbitration, Eskom and Tegeta in April agreed to a settlement regarding a R2.2-billion penalty claim against Optimum, which had arisen in a dispute over coal quality when Glencore was still the owner of Optimum.

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