PetroSA was owed R227m, but may end up losing R1.4bn instead
Daily Maverick | 17.09.2026 11:30
When state-owned fuel company PetroSA walked into the boardroom at its Parow head office, it was owed R227-million. By the time it walked out, it had agreed to a deal so toxic that it now faces the possibility of losing R1.4-billion instead – and potentially liquidation.
