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Carte Blanche

PetroSAโ€™s dirty business

Video
12 December
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Ÿฌ ๐——๐—ฒ๐—ฐ๐—ฒ๐—บ๐—ฏ๐—ฒ๐—ฟ ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฏ. 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 PetroSAโ€™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 CEOโ€™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. ๐™๐™‹๐˜ฟ๐˜ผ๐™๐™€: ๐™๐™๐™š ๐™ข๐™ค๐™ง๐™ฃ๐™ž๐™ฃ๐™œ ๐™–๐™›๐™ฉ๐™š๐™ง ๐™ฉ๐™๐™ž๐™จ ๐™จ๐™ฉ๐™ค๐™ง๐™ฎ ๐™–๐™ž๐™ง๐™š๐™™, ๐˜พ๐™–๐™—๐™ž๐™ฃ๐™š๐™ฉ ๐™˜๐™ค๐™ฃ๐™›๐™ž๐™ง๐™ข๐™š๐™™ ๐™ฉ๐™๐™–๐™ฉ ๐™ž๐™ฉ ๐™๐™–๐™™ ๐™–๐™ฅ๐™ฅ๐™ง๐™ค๐™ซ๐™š๐™™ ๐™ฉ๐™๐™š ๐™ฅ๐™ง๐™ค๐™ฅ๐™ค๐™จ๐™š๐™™ ๐™™๐™š๐™–๐™ก ๐™—๐™š๐™ฉ๐™ฌ๐™š๐™š๐™ฃ ๐™‹๐™š๐™ฉ๐™ง๐™ค๐™Ž๐˜ผ ๐™–๐™ฃ๐™™ ๐™๐™ช๐™จ๐™จ๐™ž๐™–-๐™—๐™–๐™จ๐™š๐™™ ๐™‚๐™–๐™ฏ๐™ฅ๐™ง๐™ค๐™ข ๐˜ฝ๐™–๐™ฃ๐™  ๐˜ผ๐™›๐™ง๐™ž๐™˜๐™–. Your favourite episodes are now available on Carte Blanche: The Podcast: https://linktr.ee/carteblanchetv