Tag: empowerment companies

Sereti CEO Teke on acquisitions, transitioning to a low-carbon future

Earlier this year, a London based think tank- Climate Policy Initiative said South African empowerment companies in the fossil fuel sector, are at risk as the global transition to a low-carbon future takes shape. So is Sereti Resource not worried about this transition risk as it moves to acquire South 32’s coal mine assets? CNBC Africa’s Karabo Letlhatlha spoke to Sereti CEO, Mike Teke.