Salungano Group does not have the money for a R2.39bn rehabilitation provision - its net loss for 2023 is 19 times larger than the previous year's. This comes as auditors flagged three irregularities, including a conflict of interest on the CEO's part.
Salungano to appeal dismissal of Keaton Energy business rescue application
miningweekly.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miningweekly.com Daily Mail and Mail on Sunday newspapers.
Salungano expects to widen headline loss to at least 50 6c
miningweekly.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miningweekly.com Daily Mail and Mail on Sunday newspapers.
Another Salungano subsidiary enters business rescue
miningweekly.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miningweekly.com Daily Mail and Mail on Sunday newspapers.