South African coal tycoon Mike Teke's Seriti loses coal rights appeal to rival

Billionaires Africa | 25.10.2026 06:02
South African coal tycoon Mike Teke's Seriti Power has lost an appeal to the country's mining minister in a dispute with a junior coal miner over two plots of land at its Khutala mine in Mpumalanga province, a colliery that supplies Eskom's Kendal power station.