State-owned gas-to-liquid fuel company PetroSA is stepping into the gap left by the exit of BP Southern Africa from the supply of jet fuel to SA airports.
The company, which made a loss of R1bn in its 2021/2022 financial year, has also stepped in as a supplier of diesel to Eskom as the utility increasingly relies on the fuel to power its open-cycle gas turbines to limit load-shedding. Eskom spent about R18bn on diesel by end-January in this financial year. Supplying diesel has contributed to PetroSA doubling its revenue in 2023...
Ag Shame for PetroSA
I smell another tender and corruption…
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South Africa: Cannabis Industry Plans for South Africa Have Stalled - How to Get Them Moving AgainAnalysis - South African president Cyril Ramaphosa recently reiterated plans to accelerate the commercialisation of hemp as well as cannabis plants. His speech setting out government's priorities for 2023 was a reminder of a pledge in 2022 - also in his state of the nation address - that the government would mobilise investment in the hemp and cannabis sectors.
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