PetroSA's plush deal

𝗧𝗵𝗶𝘀 𝘀𝘁𝗼𝗿𝘆 𝗼𝗿𝗶𝗴𝗶𝗻𝗮𝗹𝗹𝘆 𝗮𝗶𝗿𝗲𝗱 𝗼𝗻 𝟭𝟬 𝗗𝗲𝗰𝗲𝗺𝗯𝗲𝗿 𝟮𝟬𝟮𝟯. 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 PetroSA’s 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 CEO’s 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. 𝙐𝙋𝘿𝘼𝙏𝙀: 𝙏𝙝𝙚 𝙢𝙤𝙧𝙣𝙞𝙣𝙜 𝙖𝙛𝙩𝙚𝙧 𝙩𝙝𝙞𝙨 𝙨𝙩𝙤𝙧𝙮 𝙖𝙞𝙧𝙚𝙙, 𝘾𝙖𝙗𝙞𝙣𝙚𝙩 𝙘𝙤𝙣𝙛𝙞𝙧𝙢𝙚𝙙 𝙩𝙝𝙖𝙩 𝙞𝙩 𝙝𝙖𝙙 𝙖𝙥𝙥𝙧𝙤𝙫𝙚𝙙 𝙩𝙝𝙚 𝙥𝙧𝙤𝙥𝙤𝙨𝙚𝙙 𝙙𝙚𝙖𝙡 𝙗𝙚𝙩𝙬𝙚𝙚𝙣 𝙋𝙚𝙩𝙧𝙤𝙎𝘼 𝙖𝙣𝙙 𝙍𝙪𝙨𝙨𝙞𝙖-𝙗𝙖𝙨𝙚𝙙 𝙂𝙖𝙯𝙥𝙧𝙤𝙢 𝘽𝙖𝙣𝙠 𝘼𝙛𝙧𝙞𝙘𝙖. Your favourite episodes are now available on Carte Blanche: The Podcast: https://linktr.ee/carteblanchetv

𝗧𝗵𝗶𝘀 𝘀𝘁𝗼𝗿𝘆 𝗼𝗿𝗶𝗴𝗶𝗻𝗮𝗹𝗹𝘆 𝗮𝗶𝗿𝗲𝗱 𝗼𝗻 𝟮𝟱 𝗙𝗲𝗯𝗿𝘂𝗮𝗿𝘆 𝟮𝟬𝟮𝟰. In Pietermaritzburg, in the Msunduzi Local Municipality, rubbish lies uncollected on the streets for weeks at a time. In this once-bustling capital city, the putrid stench of urine hangs in the air: a disturbing sign of the city’s decay. Sewage leaks and water pipeline bursts have become common while the supply of electricity has reached a crisis point. The municipality owes Eskom millions, but its coffers are dry. So, why did the mayor sign a multi-million rand deal to sponsor a PSL football team for the next three years? It’s a decision that has residents and business owners outraged. Find more exclusive content on Carte Blanche: The Podcast: https://linktr.ee/carteblanchetv

𝗧𝗵𝗶𝘀 𝘀𝘁𝗼𝗿𝘆 𝗼𝗿𝗶𝗴𝗶𝗻𝗮𝗹𝗹𝘆 𝗮𝗶𝗿𝗲𝗱 𝗼𝗻 𝟭𝟰 𝗝𝗮𝗻𝘂𝗮𝗿𝘆 𝟮𝟬𝟮𝟰. On paper, the offer was good: two well-known property developers offered the elderly the opportunity to purchase a unit in one of the high-class estates. The pensioners would own the life rights to live in the unit until they pass away or move out. Once that happens, the developer would sell the unit on their behalf and each pensioner would receive their money. But three years ago, something went wrong, leaving bereaved family members to deal with the double blow of losing a loved one and not being able to wind up their estates or receive the money owed to them. Now, Carte Blanche returns to investigate the property developers accused of reneging on their promises to the elderly and their beneficiaries. Find more exclusive content on Carte Blanche: The Podcast: https://linktr.ee/carteblanchetv

Take a breather.