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

DE BEER: The GNU - Racism, Factionalism & Power

South Africa’s new Government of National Unity has grown to 10 parties - and more parties could still join. In this interview on the latest developments, United Independent Movement (UIM) President Neil de Beer says: “what is though going to murky the water and what will put more blood in…
23 Jun 11AM 33 min

Funding MK, Fighting the GNU… Russia’s Strategy for SA - Irina Filatova

The Government of National Unity (GNU) is likely to have been a “complete disappointment” for Russia. That is the opinion of SA-Russia expert Dr Irina Filatova who predicts that the Russians will now try to work with the part of the African National Congress (ANC) which is “radically inclined” towards…
23 Jun 11AM 26 min

Rainbow Chicken's JSE debut: CEO Stander and financial expert Shapiro on navigating growth

Explore the fascinating world of poultry production with Marthinus Stander, CEO of Rainbow Chicken, alongside financial expert David Shapiro and seasoned interviewer Bronwyn Nielsen. Discover insights into industry challenges, innovation, and the path to success as Rainbow Chicken prepares for its listing on the JSE. Join this dynamic conversation to…
20 Jun 1PM 21 min