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Electricity Minister Kgosientsho Ramokgopa. (Leon Sadiki/Getty Images)

Ramakgopa comes up against a Ramaphosa-created monster: Mantashe

When the president merged the mining and energy departments under his most powerful lieutenants he made a decision that would come back to bite him

The Free State’s Lethabo power station. File photo by  Mujahid Safodien/Getty Images

Eskom’s diesel fate lies with the treasury

The power utility can no longer pay its suppliers but a short-term solution is in place while the treasury comes up with a payment solution

Former Minister of Public Enterprises Malusi Gigaba.

How to keep SAA, PetroSA, Eskom away from politicians

The state capture report reveals a governance crisis at state-owned entities. Experts weigh in on how this came to be and what to do about it.

Harith General Partners, one half of the consortium that will take over SAA, has come under scrutiny since the announcement of the national carrier’s new majority shareholder.

SAA: PIC allegations are Harith’s albatross

Sipho Makhubela assures that the private equity firm has what it takes to raise the capital to get SAA flying again

The gas is supplied from Mozambique’s Pande-Temane fields through the Rompco pipeline. Photo: Graham Kietzmann/Sasol

Former iGas member accuses Gwede and CEF of interfering

Board members have quit the gas company, accusing the Central Energy Fund of poor governance, and the energy minister of overreach

PetroSA has for the past three years been involved in scandal after financial scandal. (Gallo)

Unions calls for the disbanding of PetroSA board

Three different unions have made the demand, citing maladministration and irregular appointments as PetroSA reels from staggering losses

According to Fuzile, Zuma also said that in other countries “finance ministers do not tell presidents that there is no money”. (Waldo Swiegers/Getty)

Nuclear deal would have dealt a blow to SA economy —Fuzile

The drive for nuclear energy has been cited by ratings agencies as a major reason for credit downgrades

(John McCann)

Gas find could save PetroSA

The state’s struggling company says Total will also benefit if it piggybacks on its infrastructure

Pravin Gordhan. (Oupa Nkosi/M&G)

Reluctance to follow due process in nuclear, PetroSA deals says Gordhan

Pravin Gordhan says there was a reluctance to follow due process in the PetroSA-Engen and Russian nuclear deals

De Lille said the remaining three members could not form a quorum and that the board was no longer functional. Photo: (David Harrison/M&G)

Dodgy diesel: Shell to quit PetroSA

The desperate state oil company’s ill-conceived bid to refine crude at its gas-to-liquid plant might be the last nail in its coffin

All articles in this week’s M&G are free to read.

Unembargoed: September 7 to 13

Fix it, Cyril: The optimism that greeted President Ramaphosa’s ‘thuma mina’ call has faded as the economy has shrunk

The state-owned petrochemical company has posted losses over the past four years. (Gallo Images)

No end to PetroSA’s woes

​Members of PetroSA’s interim board are at loggerheads with their chairperson, Nhlanhla Gumede

“Government is deeply concerned by the rising cost of petrol in South Africa which is largely caused by the rand dollar exchange rate and the price of crude [oil],” says Radebe at a post-Cabinet briefing. (Madelene Cronje/M&G)

Minister halts R22bn PetroSA deal

Poor planning, increased financial losses and depleting gas feedstock cited as reasons

The current refineries

On-off oil refinery back on the table

The minister of energy announced that an implementation framework for a new oil refinery would be finalised this year

PetroSA has for the past three years been involved in scandal after financial scandal. (Gallo)

PetroSA former board members lose bid for reinstatement

The Western Cape High Court has dismissed the former PetroSA board members’ application to be reinstated.

Off course: The multibillion-rand contract to build a railway line on the Molotso corridor between Gauteng and Mpumalanga went to the China Communications Construction Company Limited (Delwyn Verasamy, M&G)

Boardless Prasa inks R57bn deal

Just who authorised a lucrative rail contract between the embattled parastatal and China?

(John McCann)

R200m oil deal probe in a skid

Despite a damning report nothing has been done to bring the culprits to book

PetroSA has for the past three years been involved in scandal after financial scandal. (Gallo)

Minister set to ‘cripple’ energy fund

Moving the state-owned mining company to Mosebenzi Zwane’s control has sparked new fears of state capture and conflict of interests

Your guide to investing where your heart urges you to

White monopoly capital: Good politics, bad sociology, worse economics

The debate about white monopoly capital in post-apartheid South Africa is good for the country’s politics but it tends to come with bad sociology

Universities have stated the delay in payment of funds was having a detrimental effect on their cash flow.

Letters to the editor: January 6 to 12 2017

Readers write about report card missteps and the Ikusasa Student Financial Aid Programme