PetroSA's plush deal | Carte Blanche | M-Net
𝗧𝗵𝗶𝘀 𝘀𝘁𝗼𝗿𝘆 𝗼𝗿𝗶𝗴𝗶𝗻𝗮𝗹𝗹𝘆 𝗮𝗶𝗿𝗲𝗱 𝗼𝗻 𝟮𝟱 𝗙𝗲𝗯𝗿𝘂𝗮𝗿𝘆 𝟮𝟬𝟮𝟰.
PetroSA, South Africa’s state-owned oil and gas company, has successfully hidden most of its bad investments over the years. By 2020, poor decisions at the secretive company had wasted billions and almost closed it down. But it was given a lifeline when Mineral Resources and Energy Minister, Gwede Mantashe - determined to save PetroSA - insisted Eskom buy its diesel from the parastatal. Now, it’s on a new drive to partner with private business. A recent contract with the Russian Gazprom Bank has caused a stir, but a far larger deal (signed in secret) will make a controversial businessman a major player in the oil and gas industry. We lift the lid on this new profit-sharing deal in the oil and gas fields off the Southern Cape Coast.
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#carteblanche #southafrica #news #investigation #petrosa #statecapture #journalism #journalist
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@louisdebruyn4395
3 ай бұрын
🤣😂🤣😂🤣😂🤣😂
@jinkazama2555
3 ай бұрын
if the gaes mind their own business, we will mind our own. Stop censoring carte blanche, or are you also like the ANC?
@tashenjasonramlall6375
3 ай бұрын
How do we connect with you regarding another story
It completely baffles me how brazen corruption and unethical business practices are in our country, they don't even care anymore.
@akoamoseetave3091
3 ай бұрын
That's Africa for you. The black man has no sense of direction in governance from Cape town to Cairo
@mugundulamugundula38
3 ай бұрын
It's because you as citizens brazenly don't care. You rather blame racism for your whole life when the corrupt black people are the ones destroying everything
@edjohn4590
3 ай бұрын
Why are you baffled??😆
@mpfuxelelomhlongo9915
3 ай бұрын
No accountability
Journalist can expose corruption but law enforcement agencies are clueless about corruption. Thus, they arrest no one who's corrupt.
Some day we will wake up and think Carte Blanche warned us.
@Papito_ZA
3 ай бұрын
I have been stating they need to open an private prosecution division ... They have been doing better work then Law enforcement ..
@starboy7938
3 ай бұрын
We are already saying it and we must just watch 😂
@zeplyn5684
3 ай бұрын
@@Papito_ZAno point courts are compromised
@Papito_ZA
3 ай бұрын
@@zeplyn5684 if u say so
The Public Official swore an oath to the Republic and he should be held accountable and forced to divulge in the interest of his employers ie. the taxpayer. Saying they cant divulge information to the public should be a form of treason as it is the taxpayer and the national assets of the republic that are being stolen under his watch!
How come nothing ever happens to Gwede? He is the true untouchable of the ANC even more than Zuma.
@manero7634
3 ай бұрын
He knows their skeletons
@wentzelwilliams5568
3 ай бұрын
Him and Balula.
Eish, all the comrades are eating whilst everyone else gets a street wise 2 to keep the ANC in power
@Mgxebe2709
3 ай бұрын
Eish fact 😢
Well done Carteblanche for keeping us informed, guess the ball is in our court as citizens 😢
When the Marikana miners said be aware of Rama billions we ignored them
State Capture never went away. That's why the country is in the state it's in now.
Im begging each and every single person that watches this Video.....We Need to Vote the ANC out Our Country cant handle another 5years of the ANC administration these people are running this Country to Dust
@sharkykzn5846
3 ай бұрын
And the EFF and recent MKP are not an option either.
@weymouthesterhuizen1145
3 ай бұрын
Agreed......@@sharkykzn5846..... same whats app group.....same!
@YusufGinnah
3 ай бұрын
And the DA will never get my vote...
@wentzelwilliams5568
3 ай бұрын
Let's hope those with ears and brains heed to this request 🤞🏼🤞🏼🔊🔊🔊
@ayandamasina3816
2 ай бұрын
The ANC has my vote but we need to deal with some bad apples within our glorious organization
Mantashe is the biggest thief, isn't he also involved in Eskoms corruption?
@ThabaniTBowseHadebe0909
3 ай бұрын
If it's energy..he has the stomach for it
@game5201
3 ай бұрын
the whole ANC, even Rama
@faniecremer4899
3 ай бұрын
When Mantash and Co open up their mouths, they are lying. They know they are lying, and we know that they are lying. They know that we know that they are lying, yet they still lie.
@Squidward1912
3 ай бұрын
I wouldn't be surprised if he is one of the mastermind behind State Capture.
@mzoxolomdiza2649
3 ай бұрын
Not just Mantashe the entire ANC is a ring of cartel
Everyone who screams “Privatise!!”, should probably watch this piece. Privatising state-owned entities leads to oligarchy……..
Well run...for a circus 🤡
Keep it up Carte Blanche - Keep exposing these big thugs & our Gov.
The Russians never supported the ANC out for the sake of freeing South Africa but rather ensuring access to the countries richès
The question is why is Sasol not exploring for oil and gas
I don't think it's gonna end well
Long live Carte Blanche. VIVA!
The guy who edited this episode is brilliant! Timing is perfect 👏👏👏
Corruption in our country goes too deep and too wide to be repaired
only corruption can bring you this far
What a joke. And these are the very people that accused the old regime of corruption… what a bunch of liars and hypocrites. So much for caring for “their” people… All they do is drive them further into abject poverty
Such a missed opportunity for our country, this oil could have helped so many millions of people.
Owe no! not again, who can stop these mafias 🥲
They have fuel and still don't have a refinery and fuel is still high
@nicholussibusisovilakazi951
3 ай бұрын
South Africa has refineries. They even mention one in Mossel Bay in this documentary. Do your research. Sasol always had a refinery decades ago.
Nauseating
DA PLEASE TAKE PETROL SA TO COURT, GET THIS GUY OUT!
@kingsmen2061
3 ай бұрын
Could have the same funders
Well done ANC! You’re doing it again
Why do I smell Ramaphosa behind Gwede for this Venda guy getting the deal?
@wentzelwilliams5568
3 ай бұрын
It's obvious 😂
Does SA know that two-thirds of the Orange Basin that is believed to hold some 11 billion barrels of oil is located on the southern side of the maritime border with Namibia?
Gwede Mantashe needs to be replaced as minister of mineral resources and energy
HE CANNOT EVEN CONTROL HIS OWN FINANCES HOW COULD THEY TRUST HIM. MONEY MADE ILLEGALLY NEVER LASTS. THIS WILL ALSO BE SWEPT UNDER THE CARPET.
Why can South Africa not use the Norwegian example. Create a fund using a percentage of the wealth gathered from this oil, then use it for public services for the people of South Africa?
I find it so tragic being a young South African and having to witness my country being thrown to the dogs. I have no choice but to leave now. I don't want to leave but how can I stay if my taxes are blatantly stolen by the powers that be? Law enforcement doesn't even exist anymore!!!!!
What a joke state-owned enterprises are
ANC much smarter than taxpayers
@InstigatorDJ
3 ай бұрын
No, they are not but taxpayers are in the minority. What do you expect them to do?
@flipster7285
3 ай бұрын
It makes you wonder if the state of our education system is due to intentionally "dumbing down" of the populus to stop them from asking thoughtful questions....
@anthony58936
3 ай бұрын
@@InstigatorDJthis is so true
@weymouthesterhuizen1145
3 ай бұрын
@@InstigatorDJ Sooo true indeed...hammer on the head....well said...must be repeated as such. Nice. ❤
@weymouthesterhuizen1145
3 ай бұрын
Sooo true indeed...hammer on the head....well said...must be repeated as such. Nice. ❤
Great reporting Catch him!
There is nothing in SA that hasnt been corrupted ...
another SEO, another scheme, another corrupt deal, I'm so sick of this.
Superb journalism. Thank you.
Brazen in your face corruption... Got to vote them out, SA!
You have the heart of a lioness, Masa .. absolute legend ! Keep up the outstanding work ! Love the show .. you are all legends !! 🎉😊😅
"Oil Barons" never thought we'd have those in SA
I'm a employee at Petrosa, I conquer with CarteBlanche!
Mulaudzi used to own TTM and he is Makhadzis boyfriend very rich 🤑 guy from Limpopo Venda
This person should be locked up for treason against the people of South Africa.
Please show me an African that's not able to be corrupted......😂
@BrettLaas
3 ай бұрын
or a victim mentality
@p-manwecho8395
Ай бұрын
Markus Jooste and Gavin Watson says hi 😂
@BrettLaas
Ай бұрын
@@p-manwecho8395 huge differance...there are small minority criminals in all races...but your group its the majority ..truth is in the statics not me saying it.
South African Oligarchs
South Africa has truly become an unending circus. Imagine a crook (Minister Gwede Mantashe), ordering other crooks (Mulaudzi and cronies) to become law-abiding citizens and honourable businessmen! It's like telling a fish to live out of water.
Will this just be a program or will justice be done. Jail for him
Remember a fish rots from the head down. Just vote the whole anc out of power for things to change.
@hamiltonklaase556
3 ай бұрын
And who in? Will it really stop? 🤔🤔
@denelhorn4992
3 ай бұрын
@@hamiltonklaase556 anyone at this point in time except the anc, to hold those accountable who stole and captured the country for a long period of time, because the anc won't prosecute it's own members who committed these crimes against it's citizens. At least an "outsider" would do a better cleanup job to actually prove a point and a new broom can sweep cleaner for some time.
@denelhorn4992
3 ай бұрын
@@hamiltonklaase556 No one can give a guarantee that it will eventually stop
@hamiltonklaase556
3 ай бұрын
@@denelhorn4992 Yez I overstand you.. But "anyone" has been sitting in those opposition benches for years and saw all these happen or let it happen. Best thing is a change in the system as a whole, I think direct elections is the way to go.
@denelhorn4992
3 ай бұрын
@@hamiltonklaase556 I totally agree with your sentiment on direct elections.
Sanctions in a world riddled with sanctions u cannot play around with power hungry, inexperienced or inapt negotiaters. This reminds of the SAA/ Dekatso deal where ppl dodge accountability like the plague mixed with cues from the Sodi waterworks - both driven by ppl without any previous experience. Who appointed Malaudzi? Is he just another deployed cadre with no credentials for the mammoth challenges he had to face?
Why am I not surprised?
ANC and Gwede Mantashe yooooh
All this money being banded about, but contractors are not paid. Amazing!
Round the corner from Dr. Nandi's place..
Will this mean that our fuel and gas prices will go down? Lol,the joke is on us!i bet the prices is going to rise sharply,you know,to please the investors.
And with the discovery of oil in the Eastern Cape, same thing must be happening... quiet meetings held and signature to create oil magnates. We just need to be responsible with state resources and feed the people of South Africa.
Funny how Carte Blanche is doing Shamila Batohis' job ...... AGAIN !
This is just too much. Everytime we are being sold the idea that things are getting better but Instead we keep free falling deep into trouble.
Then cadres are now going for Gold, a Gigantic long term feeding trough this time round ..... 😂
will any of these corrupt entangled politicians and tender holders ever be held accountable for their actions?
I'm shocked! I thought they were all honest and well-intentioned! 😱
Disbanding the scorpions will haunt us for decades to come
🚮 ANC BANANA REPUBLIC
The corruption continues and increases
Can You Guys Please Do ' Old Mutual' Investigation People Are Crying
Just goes to show that if you cut off the Head of a Snake the Body remains....
In cases like this it should be possible to find out if he donated money to the ANC - and his personal connections to ANC members. That is the only way you can get tenders like these with no finances and no track record. I'd like to bet that Mantashe and this guy goes way back and they have funneled money to the ANC previously. That is why he is being rewarded with a tender.
Co-incidence or not..? SARS claiming 1.2 Billion Euro fine from bunkering companies for unpaid fines.....equates to 22 Biilion rsnd
"You must let people eat a little bit" - Satan said casually
They must all go
Can the anc including Mbeki say this guy has captured the state?
What about the wildlife
Vhalaudzi 🔥🔥🔥🔥🔥 Our Oil and Gas dealer.
S.A is a movie 😢
CEO COO COOOEECEOCC
This country of ours is corrupt shame
Oligarchy are having a stokvel in South Africa resources .... brilliant journalism I'm also worried about your safety
Supprise
Hhhhhe banna sisekakeni😢😢
@OmphileMakhele-ux8uq
3 ай бұрын
We're in a pit toilet 🤞🏽😭
Everything they touch turn into shait
😂so these politicians are watching 😮mmm....interesting 👀 😊
When are you going investigate insurance companies like Old Mutual?
State capture 3.0 continues ..thx to ANC
They were driving drop top BMW's
Please tell us who's supplying Eskom with diesel in terms of percentages. Thank you
ANC must be removed from power this May 2014 if South Africa is to survive. Corruption is just too deep
Can you please place the documents and maps related to this on your website or something so that we can hound the parties that be to explain themselves. We cannot sit idly by and watch another state capture happen, these people are playing in our faces now.
Blixems!!!!😮
Lets hope he doesn't start appointing ministers or influencing those decisions.
This is a fight between western interests and all other resource rich Nations;one thing we(South Africans) shouldn’t do is sell to private western organisations,the parties media never give us a in depth look into their wealth, Cassper nyovest drove a Bentley,tell us who drives these limited edition Ferraris in CPT
ANC doesn't care anymore if they ever did
Please clarify the point about facing poaaible sanctions
ANC CADRE INCOMPETENT WILL NEVER STOP! TILL THEY GONE!!😢😢😢😢
There’s politicians who are hellbent on corrupting every sphere of Government. Gwede Mantashe is one who cannot be trusted, he must just retire.
The professor highlighted a very important factor fueling the corruption in South Africa "Oligarchy"
When is black is corruption that's our problem
@Nkosinathi-vh6di
3 ай бұрын
The problem is the country is infested with people who think like you even with evidence presented you try to bring up race🤦🏽 what's the next excuse apartheid...
I thought Cameroon is corrupt but the corruption in south Africa is on a whole different dimension and it's incredibly dangerous for the future of south Africa .