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strategic fuel fundlatest news & developments
Former agriculture and energy minister and ANC national executive committee member Tina Joemat-Pettersson has died, the ruling party confirmed on Monday evening.
AFRICAN NATIONAL CONGRESS

ANC confirms Tina Joemat-Pettersson has died

Former energy minister has been unwell for several years

  • Emsie Ferreira
1 min read
The department of mineral resources and energy said the new fuel prices would come into effect on Wednesday. (Waldo Swiegers/Bloomberg via Getty Images)
BRENT CRUDE OIL

Government extends R1.50 general fuel levy reprieve, but also announces steep price increases from June 1

The retail price of petrol will rise by up to R2.43 a litre from Wednesday

  • Anathi Madubela
3 min read
Suspended ANC secretary general Ace Magashule.
ACE MAGASHULE

Public protector clears Magashule, Joemat-Pettersson

Current ANC secretary-general Ace Magashule has been cleared of allegations that he misled the Free State provincial legislature when he was premier of that province. It follows…

  • Lester Kiewit
5 min read
Troubled waters: The SFF’s former acting chief executive, Sibusiso Gamede, received mysterious payments into his personal accounts
CENTRAL ENERGY FUND

Controversial oil reserves sale ‘corrupt’ and ‘dishonest’ court hears

The sale of South Africa’s crude oil reserves is now facing a criminal investigation by the Hawks

  • Lester Kiewit
4 min read
The gas is supplied from Mozambique’s Pande-Temane fields through the Rompco pipeline. Photo: Graham Kietzmann/Sasol
CEF

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

  • Thando Maeko
4 min read
(Bloomberg)
COUNTRY

South Africa inks oil exploration deal with South Sudan

Oil Minister Jeffrey Radebe described the agreement as "a great deal" for both countries

  • Agency
2 min read
Slick: Sibusiso Gamede is facing legal action after a forensic report found he received payments into his legal practice’s trust account from oil traders and his wife’s company
ATHANDIWE SABA

Hawks investigate crude oil bribes

Strategic Energy Fund CEO Sibusiso Gamede received R20-million in bribes, a forensic report says

  • Sabelo Skiti
  • Athandiwe Saba
7 min read
CEF

Fuel fund oil sale to be challenged in court

The Central Energy Fund is going to court over the sale of South Africa’s oil reserves

  • Athandiwe Saba
4 min read
Minister Patricia De Lille says government is capable of turning the tide.
CABINET RESHUFFLE

Dodgy oil deal probe gets going

Answers to how and why South Africa’s strategic oil stocks were sold could be provided by July

  • Athandiwe Saba
4 min read
CEF

Energy minister slips up on oil plan

Energy Minister Mmamoloko Kubayi has allegedly put investigations into the controversial sale of barrels of the country’s fuel reserve on ice

  • Athandiwe Saba
3 min read
(John McCann)
CEF

R200m oil deal probe in a skid

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

  • Athandiwe Saba
7 min read