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[FROM THE ARCHIVES] Nothing Optimal on Optimum

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18 February
๐—ง๐—ต๐—ถ๐˜€ ๐˜€๐˜๐—ผ๐—ฟ๐˜† ๐—ผ๐—ฟ๐—ถ๐—ด๐—ถ๐—ป๐—ฎ๐—น๐—น๐˜† ๐—ฎ๐—ถ๐—ฟ๐—ฒ๐—ฑ ๐—ผ๐—ป ๐Ÿญ๐Ÿณ ๐—™๐—ฒ๐—ฏ๐—ฟ๐˜‚๐—ฎ๐—ฟ๐˜† ๐Ÿฎ๐Ÿฌ๐Ÿญ๐Ÿต. Optimum Mines, bought by the Guptas in 2016 in a controversial deal, has hardly been out of the headlines and now after a lethal gas explosion in one of the shafts, Optimum is back in the news. The mine has been stripped and is in disarray, workers havenโ€™t been paid and rescue operations have been delayed by unsafe conditions underground. Whatโ€™s gone wrong? In a frank interview, business rescue practitioner Louis Klopper reveals the machinations behind the scenes and how the Guptas are still trying to pull the strings of this Mpumalanga asset. Find more exclusive content on Carte Blanche: The Podcast: https://linktr.ee/carteblanchetv
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๐—ง๐—ต๐—ถ๐˜€ ๐˜€๐˜๐—ผ๐—ฟ๐˜† ๐—ผ๐—ฟ๐—ถ๐—ด๐—ถ๐—ป๐—ฎ๐—น๐—น๐˜† ๐—ฎ๐—ถ๐—ฟ๐—ฒ๐—ฑ ๐—ผ๐—ป ๐Ÿญ๐Ÿณ ๐— ๐—ฎ๐—ฟ๐—ฐ๐—ต ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฐ. In the Eastern Cape, thousands suffer from severe malnutrition. Itโ€™s a condition that has led to the deaths of at least seven children in the province, and a crisis that requires significant funding and political will to resolve. But in the Buffalo City Metropolitan Municipality, home to one of the provinceโ€™s biggest cities, the priority seems to be multi-million rand vanity projects that have become a financial drain on the municipalityโ€™s coffers. Despite being cash-strapped, the municipality established a development agency tasked with boosting tourism and economic development; an agency that is now cashing in on major projects funded by the municipality and its ratepayers. In East London, what shouldโ€™ve been a world-class beachfront upgrade has disintegrated into nothing more than a glorified โ€œstoepโ€, while the bill for the Waterworld Fun Park revamp has ballooned to an eye-watering R120 million. Carte Blanche investigates why an entity with a poor track record for delivery is still in business. Find more exclusive content on Carte Blanche: The Podcast: https://linktr.ee/carteblanchetv