PetroSAโs dirty business
๐ง๐ต๐ถ๐ ๐๐๐ผ๐ฟ๐ ๐ผ๐ฟ๐ถ๐ด๐ถ๐ป๐ฎ๐น๐น๐ ๐ฎ๐ถ๐ฟ๐ฒ๐ฑ ๐ผ๐ป ๐ญ๐ฌ ๐๐ฒ๐ฐ๐ฒ๐บ๐ฏ๐ฒ๐ฟ ๐ฎ๐ฌ๐ฎ๐ฏ.
State-owned company PetroSA used to produce diesel and other fuels from gas at its refinery in Mossel Bay. But in 2020, it ran out of gas... and money. Two decades of woeful investments, scandals, absence of governance, and profligacy had rendered the company bankrupt. But Minerals and Energy Minister, Gwede Mantashe, has refused to let it fail. He has big plans for PetroSAโs revival into a new petroleum company with the sole shareholding vested in his office. Meanwhile, inside the boardroom of PetroSA, all is not well as the chairman makes headlines. He reportedly wants the CEOโs position, but a string of misconduct findings against him may scupper his plans. As details of questionable tender processes emerge, Carte Blanche investigates an institution operating behind a veil of secrecy not even parliament seems able to penetrate.
๐๐๐ฟ๐ผ๐๐: ๐๐๐ ๐ข๐ค๐ง๐ฃ๐๐ฃ๐ ๐๐๐ฉ๐๐ง ๐ฉ๐๐๐จ ๐จ๐ฉ๐ค๐ง๐ฎ ๐๐๐ง๐๐, ๐พ๐๐๐๐ฃ๐๐ฉ ๐๐ค๐ฃ๐๐๐ง๐ข๐๐ ๐ฉ๐๐๐ฉ ๐๐ฉ ๐๐๐ ๐๐ฅ๐ฅ๐ง๐ค๐ซ๐๐ ๐ฉ๐๐ ๐ฅ๐ง๐ค๐ฅ๐ค๐จ๐๐ ๐๐๐๐ก ๐๐๐ฉ๐ฌ๐๐๐ฃ ๐๐๐ฉ๐ง๐ค๐๐ผ ๐๐ฃ๐ ๐๐ช๐จ๐จ๐๐-๐๐๐จ๐๐ ๐๐๐ฏ๐ฅ๐ง๐ค๐ข ๐ฝ๐๐ฃ๐ ๐ผ๐๐ง๐๐๐.
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