Absa Group has settled on a final position not to fund the controversial Karpowership projects in South Africa, it confirmed on Friday. Speaking at the banking group’s annual general meeting on Friday, chairperson Sello Moloko cut short a question posed by an activist organisation to confirm that Absa would not be funding the Turkish company’s emergency gas-to-power projects.
News
You are here: Home1 / News2 / Industry News3 / ‘We are not involved’: Absa says it won’t be funding...
You might also like
INDUSTRY NEWS
- South Africa moving in the right direction in transmission infrastructure rollout, but …January 30, 2025 - 6:00 am
- Hikes alone won’t guarantee Eskom’s viability, warns AGSA as it releases alarming audit findingsJanuary 29, 2025 - 4:04 pm
- Plan to get electricity to more Africans wins $8-billion in new pledgesJanuary 29, 2025 - 12:04 pm
WHERE TO FIND US
Address
9 Yellow Street
Botshabelo Industrial Area
Botshabelo, Free State
Call / Email Us
Tel: +27 (0) 51 534 1651
Email: info@transfix.co.za