Disastrous and hilarious28 Jun 2022 08:40
Unfortunately, the change in the Group's strategy during 2021 to move toward renewable energies coupled with global divestments in fossil fuel assets, resulted therein that the Group recognised impairment of £20,088,240 related to its coal assets. Notwithstanding the impairment, the disposal plans for our legacy fossil fuel energy projects in Tanzania, Mozambique and Botswana, are progressing well with expressions of interest currently under evaluation.