Kalagadi’s R7bn debt dispute heads for arbitration
Appeals court rejects manganese company’s argument that IDC is precluded from the form of conflict resolution
02 June 2025 - 05:00
A lengthy battle between miner Kalagadi Manganese and its lenders over outstanding debt amounting to billions of rand is heading for arbitration after the creditors scored a legal victory.
The Supreme Court of Appeal (SCA) on Friday ruled the matter must be settled by arbitration as per the agreement between the parties when they initially entered into the business transaction...
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