Business person Sandile Zungu’s outfit, Zungu Investments Company, and Mergence Investment Managers have invested in SA’s only privately owned coal-fired power station, Kelvin Power Station.

The Competition Commission on Friday said it had approved the purchase of Aldwych by an outfit called Harith InfraCo — whose shareholders are the Government Employees Pension Fund (GEPF); Development Bank of Southern Africa, Mergence, Zungu Investments and Harith General Partners...

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