Set aside political crony’s R21-billion gas tender-Kevin Mileham

--:--
A controversial gas tender awarded to a man who was named 176 times in the Mpati Commission report into malfeasance at the Public Investment Corporation (PIC) should be terminated with immediate effect. That is the call from Kevin Mileham, the Democratic Alliance's (DA’s) Shadow Minister of Mineral Resources and Energy following earlier warnings by his party that Equator Holdings “run, owned, and managed” by Lawrence Mulaudzi does not have the money and technical skills to fulfil the tender requirement of rebuilding PetroSA’s critical gas infrastructure - and is now “shopping around” for potential funders and technical partners for the project. “PetroSA is a failing State-owned entity. And you don't fix that by giving tenders to cronies,” Mileham says. Meanwhile Energy Minister Gwede Mantashe “is very, very quiet about this whole issue” - and is “more interested in campaigning right now than in dealing with the issues in the entities that are under his control”.

Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.
30 Apr 8AM English South Africa Investing · Business News

Other recent episodes

Why SA “irritates” “most” African countries…

The African National Congress (ANC) has acted like “they're powerful players on the African stage”, but South Africa “really irritates most” other African countries because “they're always sticking their noses in everywhere”. So says the former Director of African Studies at the U.S. Army War College, retired Colonel Chris Wyatt,…
26 Jul 5AM 15 min

Trump & Biden: The Cover-ups - with Colonel Chris Wyatt

Kimberly Cheatle - who has resigned as the Director of the Secret Service - following the failed assassination attempt on former President Donald Trump should be charged criminally for negligence, dereliction of duty, and also perjury before Congress. This is the call from Colonel Chris Wyatt, the former Director of…
25 Jul 12PM 19 min

Magnus Heystek sees hope for SA's economic revival: Calls for bold tax reforms

In an interview with BizNews, Magnus Heystek urges South Africa to embrace bold economic reforms, suggesting radical tax breaks as a key strategy to rejuvenate the struggling economy. Heystek argues that by adopting innovative policies, such as offering flat-rate taxes to attract high-net-worth individuals and businesses, South Africa could significantly…
24 Jul 10AM 20 min