South African billionaire Patrice Motsepe's ARM faces a fresh appeal in $195 million case
A Tanzanian judge struck out Pula's $195 million claim against Patrice Motsepe on Aug. 7 without ruling on the merits. Pula has now appealed.
Pula Group Tanzania
South African billionaire Patrice Motsepe's ARC wins ruling in $195m Tanzania graphite lawsuit
The Gauteng High Court has ruled that Patrice Motsepe's African Rainbow Capital cannot be sued for $195 million by US firm Pula Group over an alleged breach of a confidentiality agreement tied to a Tanzanian graphite project, handing Motsepe a significant but partial legal victory.
Patrice Motsepe's African Rainbow Capital is fighting a US company's bid to block a South African court from ruling on a $195 million Tanzania lawsuit
A US company is contesting Johannesburg high court jurisdiction in a $195 million lawsuit against Patrice Motsepe's African Rainbow Capital.