The Competition Tribunal has unconditionally approved a merger between Namane Resources, which through acquisitions of several businesses, will, post-merger, have a controlling stake in Resource Generation (Resgen) South Africa, Resgen South Africa Farms, Waterberg One Coal and Ledjadja Coal.
Namane Group comprises several firms with interests in mining and logistics.
Resgen was placed under administration last year after it struggled to find a development partner for its Boikarabelo project in South Africa.