amaBhungane | Dirty fuels: Inside PetroSA’s shambolic diesel trading empire

PetroSA’s diesel debacle: R933m gamble with obscure firm exposes governance chaos and massive losses

PetroSA’s risky diesel deals cost taxpayers dearly, with unpaid fuel, opaque contracts, and massive demurrage fees revealing governance collapse.

amaBhungane | Dirty fuels: Inside PetroSA’s shambolic diesel trading empire

State-owned PetroSA is desperate to keep the inner workings of its diesel trading business a secret. The details that amaBhungane managed to extract show why.

Advocacy: Deals done in secret, the PetroSA way, are bad business - AmaBhungane Centre for Investigative Journalism

Our latest investigative piece detailed the scarcely believable story of how PetroSA effectively gave a little-known company a R933-million cargo of diesel with no contract and no guarantee it would be paid.This is just the latest in a series of stories we have published on PetroSA’s financial machinations and its fundamental role in the country’s ability to keep the lights on.Read our whole series on PetroSA here.With loadshedding and the cold …