PetroSA Faces R1.4bn Loss Despite Initial R227m Claim

PetroSA Faces Provisional Liquidation After Disastrous Nako Energy Debt Settlement State-owned fuel company PetroSA faces potential provisional liquidation after a Parow head office debt-settlement meeting resulted in its exposure ballooning from an initial R227-million advantage to an estimated R1.4-billion liability, according to reporting by amaBhungane. How a R227-Million Advantage Turned Into a R1.4-Billion Liability The … Read more