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

[@carteblanchetv]

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[@louisdebruyn4395]

🤣😂🤣😂🤣😂🤣😂

[@jinkazama2555]

if the gaes mind their own business, we will mind our own. Stop censoring carte blanche, or are you also like the ANC?

[@tashenjasonramlall6375]

How do we connect with you regarding another story

[@thabosebola2247]

Some day we will wake up and think Carte Blanche warned us.

[@Papito_ZA]

I have been stating they need to open an private prosecution division ... They have been doing better work then Law enforcement ..

[@starboy7938]

We are already saying it and we must just watch 😂

[@zeplyn5684]

@@Papito_ZAno point courts are compromised

[@Papito_ZA]

@@zeplyn5684 if u say so

[@mongalo52]

It completely baffles me how brazen corruption and unethical business practices are in our country, they don't even care anymore.

[@akoamoseetave3091]

That's Africa for you. The black man has no sense of direction in governance from Cape town to Cairo

[@mugundulamugundula38]

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]

Why are you baffled??😆

[@mpfuxelelomhlongo9915]

No accountability

[@Italanmo]

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!

[@musamabunda4564]

Journalist can expose corruption but law enforcement agencies are clueless about corruption. Thus, they arrest no one who's corrupt.

[@Mgxebe2709]

Well done Carteblanche for keeping us informed, guess the ball is in our court as citizens 😢

[@Clyne-mt7do]

How come nothing ever happens to Gwede? He is the true untouchable of the ANC even more than Zuma.

[@manero7634]

He knows their skeletons

[@wentzelwilliams5568]

Him and Balula.

[@RG-jr8ym]

Eish, all the comrades are eating whilst everyone else gets a street wise 2 to keep the ANC in power

[@Mgxebe2709]

Eish fact 😢

[@lorenv44]

State Capture never went away. That's why the country is in the state it's in now.

[@SabzKhumalo]

When the Marikana miners said be aware of Rama billions we ignored them

[@sibonakalisocele8323]

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]

And the EFF and recent MKP are not an option either.

[@weymouthesterhuizen1145]

Agreed......​@@sharkykzn5846..... same whats app group.....same!

[@YusufGinnah]

And the DA will never get my vote...

[@wentzelwilliams5568]

Let's hope those with ears and brains heed to this request 🤞🏼🤞🏼🔊🔊🔊

[@ayandamasina3816]

The ANC has my vote but we need to deal with some bad apples within our glorious organization

[@gtxchufxvj]

Keep it up Carte Blanche - Keep exposing these big thugs & our Gov.

[@zero-zero-2755]

Everyone who screams “Privatise!!”, should probably watch this piece. Privatising state-owned entities leads to oligarchy……..

[@RG-jr8ym]

Mantashe is the biggest thief, isn't he also involved in Eskoms corruption?

[@ThabaniTBowseHadebe0909]

If it's energy..he has the stomach for it

[@game5201]

the whole ANC, even Rama

[@faniecremer4899]

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]

I wouldn't be surprised if he is one of the mastermind behind State Capture.

[@mzoxolomdiza2649]

Not just Mantashe the entire ANC is a ring of cartel

[@K99749]

Long live Carte Blanche. VIVA!

[@RenierWeideman]

The guy who edited this episode is brilliant! Timing is perfect 👏👏👏

[@Fish-Addict]

Well run...for a circus 🤡

[@cjtannerza]

The Russians never supported the ANC out for the sake of freeing South Africa but rather ensuring access to the countries richès

[@leonduplessis673]

The question is why is Sasol not exploring for oil and gas

[@k33nan696]

I don't think it's gonna end well

[@MrFowx]

Such a missed opportunity for our country, this oil could have helped so many millions of people.

[@Keenen10]

Corruption in our country goes too deep and too wide to be repaired

[@stephangermishuizen6760]

only corruption can bring you this far

[@MrTarrentaal]

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

[@xabisonkwateni8248]

Nauseating

[@tshepo7122]

Well done ANC! You’re doing it again

[@SuperRubyduby]

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!!!!!

[@samuelt.kisaame7787]

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.

[@thamsanqajulati2147]

Owe no! not again, who can stop these mafias 🥲

[@Tinker8531]

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.

[@starboy7938]

Please show me an African that's not able to be corrupted......😂

[@BrettLaas]

or a victim mentality

[@p-manwecho8395]

Markus Jooste and Gavin Watson says hi 😂

[@BrettLaas]

@@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.

[@Italanmo]

Funny how Carte Blanche is doing Shamila Batohis' job ...... AGAIN !

[@vaughanconlon4233]

You have the heart of a lioness, Masa .. absolute legend ! Keep up the outstanding work ! Love the show .. you are all legends !! 🎉😊😅

[@deonventer5615]

Superb journalism. Thank you.

[@lesleymtho]

Why do I smell Ramaphosa behind Gwede for this Venda guy getting the deal?

[@wentzelwilliams5568]

It's obvious 😂

[@christascheepers5222]

DA PLEASE TAKE PETROL SA TO COURT, GET THIS GUY OUT!

[@kingsmen2061]

Could have the same funders

[@gustavfourie1867]

another SEO, another scheme, another corrupt deal, I'm so sick of this.

[@JonnyCobra]

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?

[@feeko2239]

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?

[@ManSong7]

What a joke state-owned enterprises are

[@handyvickers]

Brazen in your face corruption... Got to vote them out, SA!

[@musamanqoba]

Gwede Mantashe needs to be replaced as minister of mineral resources and energy

[@tamasgyori2399]

This person should be locked up for treason against the people of South Africa.

[@martingoodman915]

There is nothing in SA that hasnt been corrupted ...

[@sakariatangeni6203]

They have fuel and still don't have a refinery and fuel is still high

[@nicholussibusisovilakazi951]

South Africa has refineries. They even mention one in Mossel Bay in this documentary. Do your research. Sasol always had a refinery decades ago.

[@morakemokoena3644]

South African Oligarchs

[@AndrewMcFarlane_1]

ANC much smarter than taxpayers

[@InstigatorDJ]

No, they are not but taxpayers are in the minority. What do you expect them to do?

[@flipster7285]

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]

​@@InstigatorDJthis is so true

[@weymouthesterhuizen1145]

​@@InstigatorDJ Sooo true indeed...hammer on the head....well said...must be repeated as such. Nice. ❤

[@weymouthesterhuizen1145]

Sooo true indeed...hammer on the head....well said...must be repeated as such. Nice. ❤

[@thinuschinner2584]

Great reporting Catch him!

[@notthesoyboy7444]

I'm a employee at Petrosa, I conquer with CarteBlanche!

[@dionoliveira4058]

We the CITIZENS of South Africa need to state our voices and put a STOP to this daylight robbery, we should have our fuel prices slashed in half and pay a fair price.

[@sibarafuni2122]

Mulaudzi used to own TTM and he is Makhadzis boyfriend very rich 🤑 guy from Limpopo Venda

[@christascheepers5222]

Will this just be a program or will justice be done. Jail for him

[@StudyWithKarabo]

"Oil Barons" never thought we'd have those in SA

[@firstcomment749]

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?

[@toG-i9i]

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.

[@cathy001hopkins6]

All this money being banded about, but contractors are not paid. Amazing!

[@TysonFMolemela]

Round the corner from Dr. Nandi's place..

[@ivofer8349]

will any of these corrupt entangled politicians and tender holders ever be held accountable for their actions?

[@helenduplessis4166]

Why am I not surprised?

[@denelhorn4992]

Remember a fish rots from the head down. Just vote the whole anc out of power for things to change.

[@hamiltonklaase556]

And who in? Will it really stop? 🤔🤔

[@denelhorn4992]

@@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]

@@hamiltonklaase556 No one can give a guarantee that it will eventually stop

[@hamiltonklaase556]

@@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]

@@hamiltonklaase556 I totally agree with your sentiment on direct elections.

[@khanyisambotini1820]

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.

[@tebogopholo626]

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.

[@joecruiser]

Then cadres are now going for Gold, a Gigantic long term feeding trough this time round ..... 😂

[@mtho4sure]

ANC and Gwede Mantashe yooooh

[@Scott.Silburn]

I'm shocked! I thought they were all honest and well-intentioned! 😱

[@molapokgarose6744]

Disbanding the scorpions will haunt us for decades to come

[@911kajones]

The corruption continues and increases

[@wandiletembe]

🚮 ANC BANANA REPUBLIC

[@ayandamasina3816]

There’s politicians who are hellbent on corrupting every sphere of Government. Gwede Mantashe is one who cannot be trusted, he must just retire.

[@marynatruter3881]

This country is a joke!! It is sad!!!!

[@MnrBloemie]

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.

[@reabetsoemzizi4969]

Can You Guys Please Do ' Old Mutual' Investigation People Are Crying

[@SteveNewbold-l6t]

Just goes to show that if you cut off the Head of a Snake the Body remains....

[@umenaidoo385]

Co-incidence or not..? SARS claiming 1.2 Billion Euro fine from bunkering companies for unpaid fines.....equates to 22 Biilion rsnd

[@eugenegerber5805]

When are you going investigate insurance companies like Old Mutual?

[@nr12345]

Whats the point of local oil if the country doesn't benefit at all from local oil. Is this oil earmarked for exporting only ? scam.

[@derekkkaizer3458]

State owned does not mean the ruling party gets to line their pockets with the profits of these entities. This money belongs to all of the citizenry of this country, to improve their lives. Sadly this phenomenon is not unique to SA but is worldwide, thats why everyone with the most limited of IQs are pursuing careers in politics. The world is in serious trouble...

[@anton_roos]

Stop voting ANC, simple.

[@juan-pierreleroux8323]

"You must let people eat a little bit" - Satan said casually

[@andiledlamini6135]

Oligarchy are having a stokvel in South Africa resources .... brilliant journalism I'm also worried about your safety

[@JWasserman]

Correction ... the Public Investment Corporation (PIC) DOES NOT look after government pension money.

[@jayboo2513]

This country of ours is corrupt shame

[@katlehokronus]

ANC doesn't care anymore if they ever did

[@Movie_Plus01]

CEO COO COOOEECEOCC

[@ThabaniTBowseHadebe0909]

They must all go

[@teresagillmer9464]

What about the wildlife

[@nhlanhlakubheka222]

Can the anc including Mbeki say this guy has captured the state?

[@iluma-nathimntase3037]

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.

[@keithallen4389]

Surely our fuel prices should be a fraction of what they are “due to the war in Ukraine”? Cheap petrol would immediately boost the economy. Is there a school for corruption? We have so many straight A students of it!

[@darlingtonmachilar6745]

Please tell us who's supplying Eskom with diesel in terms of percentages. Thank you

[@mandlas.4305]

ANC must be removed from power this May 2014 if South Africa is to survive. Corruption is just too deep

[@JWasserman]

Edwin Sodi did not have the money, equipment and/or expertise when his company was awarded the Rooiwal-project and look how that ended up (at least 29 people lost their lives). Equator Holdings is given 6 months to get the money and expertise required. How ridiculous! How do you think this deal will end?

[@hopegiver6409]

This sounds like a smear campaign

[@cynthia7924]

State capture 3.0 continues ..thx to ANC

[@ndamulelomunyadziwa8394]

When is black is corruption that's our problem

[@Nkosinathi-vh6di]

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...

[@matthysswanepoel2597]

Everything they touch turn into shait

[@wernercoetzee3054]

To stop a leaking tank, common sense dictate that the holes must be fixed. ANC = plenty holes in lots of different tanks. Remove ANC = tanks can be fixed.

[@FRANCOISPOOLMAN]

ANC CADRE INCOMPETENT WILL NEVER STOP! TILL THEY GONE!!😢😢😢😢

[@edjohn4590]

Who cares… nothing will get done about it anyway!!🤣🤣🤣

[@pullshow..]

😂so these politicians are watching 😮mmm....interesting 👀 😊