Charles King deal for Gupta-linked Optimum 'a farce', says business rescue practitioner

2018-05-10 14:30

Swiss company Charles King wants the business rescue practitioners of the Gupta-linked Optimum coal mine to recognise a sale agreement it had entered into.

EXCLUSIVE: Guptas' 'unlawful' loan backed by mine rehab fund

2017-09-15 07:00

A coal mine owned by the Gupta family has landed a R150m bank loan by putting forward the mine’s environmental rehabilitation fund as security for the loan.

Guptas sell Tegeta to Swiss owner

2017-08-23 08:28

Gupta-owned Oakbay Investments has sold Tegeta Exploration and Resources to Swiss-based Charles King SA for R2.97bn, it has announced.

Gupta's Tegeta 'repaid' prepayment loan - Eskom

2016-10-19 18:35

A controversial prepayment loan for coal to Tegeta Exploration and Resources - a Gupta family-controlled company - has been 'repaid in full', says Eskom.

Mailbox: The Great Zupta, IDC con. Worthless Shiva mine now valued at R14.7bn.

2016-05-11 07:44

Shiva mine is a worthless asset that cannot be economically mined and we have all been conned with the help of the IDC, says a Biznews community member.


Eskom says coal supply problems linked to Tegeta

2018-04-17 09:49

The power utility is working with the National Treasury to source more coal for seven of its plants that don’t have adequate supply.

Guptas' Tegeta, tax shenanigans dominate headlines

2017-08-23 20:22

The Guptas have dominated the headlines once again with the announcement that it is selling Tegeta, which it wrestled from Glencore in a questionable fashion.

Gupta-linked Trillian says it has proof R495m Eskom deal was not phony

2017-07-21 14:01

Trillian says it has proof the work it did with McKinsey for Eskom was above board, after the power utility revealed it was investigating a R495m payment to the Gupta-linked firm.

Guptas to fight Eskom over R2bn coal fine - Howa

2016-06-20 11:56

Gupta- and Zuma- owned Tegeta is prepared to fight Eskom over a R2bn fine it inherited from Glencore when it bought Optimum coal mine this year, says Nazeem Howa.

Molefe, Brown: Why the focus on Gupta-owned Tegeta?

2016-04-27 20:30

Eskom boss Brian Molefe and Public Enterprises Minister Lynne Brown have criticised reports insinuating the Gupta-owned Tegeta benefited unduly from a contract.

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