Week in review: Oilgate, tension at Zondo Commission, Engen explosion, Tongaat turnaround
Oil giants exposed in global corruption; tension at Zondo; Tongaat: Engen’s Durban refinery explosion; Glencore’s Glasenberg departs.
Oil giants exposed in global corruption; tension at Zondo; Tongaat: Engen’s Durban refinery explosion; Glencore’s Glasenberg departs.
Oil traders Taleveras Group, Vitol Group, Glencore and Trafigura have been exposed in more corruption, seemingly paying bribes in every deal.
Glencore announced that CEO Ivan Glasenberg will step down next year and resign from the board, to be succeeded by Gary Nagel
Alec Hogg shares his perspective on the Oilgate scandal and the judgement handed down detailing former SFF CEO Sibusiso Gamede’s activities.
South Africans despair about the looted billions of the Zuma years, but events at SARS and developments with Oilgate show that hope truly springs.
In December 2015, while most observant South Africans had their eyes fixed on consequences of Nenegate, shadowy actors were engineering a bargain-priced sale of the country’s strategic oil reserves.
The popular narrative around Jacob Zuma’s 13th cabinet reshuffle last week is to rush through a proposed nuclear power deal with the Russians.
Mmamoloko Kubayi’s appointment as Energy Minister promises to be yet another whisper that winds of change are blowing in SA. Hope springs.
In his latest submission, Clarke Kent looks at how the billions were made in South Africa’s #oilgate saga.
The Auditor General says only R3.9bn of the supposed R5bn actually made it into the national coffers after #Oilgate.