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Tanzanian Graphite Dispute Continues as South African Court Clears ARC

Tanzania · COMPANIES Key Facts —The claim: Pula Group seeks about $195 million in damages, alleging Motsepe-linked entities breached confidentiality and non-compete obligations tied to a Tanzanian graphite project. —The South African ruling: On 15 April 2026, the Gauteng High Court found African Rainbow Capital was not liable because it was not a party to […] The post Tanzanian Graphite Dispute…

A Tanzanian graphite dispute involving $195 million in damages has taken a significant turn after a South African court ruled on 15 April 2026 that African Rainbow Capital (ARC) was not liable due to not being a party to the non-disclosure agreement (NDA) signed in 2019. The claim, brought by Pula Group, alleges that entities linked to billionaire Patrice Motsepe breached confidentiality and non-compete obligations tied to a proposed graphite project in Tanzania.

The dispute centers on accusations that sensitive information shared during negotiations was later used to support an investment in Evolution Energy Minerals, an Australian-listed company with a nearby graphite asset. Despite the South African court's ruling, the broader case against other Motsepe-linked entities remains unresolved, with a mention scheduled for 23 February 2026 in Tanzanian proceedings.

This development highlights the complex interplay of local ambition, foreign capital, and contract enforcement within Tanzania's mining sector.

Brief written by urgent.news from The Rio Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

Read the original at riotimesonline.com →

More in World

Senegal’s Ofnac to Publish Asset Declaration Lists from 10 August

Senegal · GOVERNANCE Key Facts —Compliance rate: Just over 56% — 1,695 of 3,023 people subject to the obligation — had filed asset declarations by the 31 July 2026 deadline.

  • Senegal's Ofnac to publish asset declaration lists from 10 August 2026
  • Reporting threshold lowered from 1 billion to 500 million CFA francs
  • Penalties for non-compliance increased to six months to four years in prison
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