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AMABHUNGANE: PetroSA was owed R227m, but may end up losing R1.4bn instead

State-owned fuel company PetroSA faces liquidation after entering into a ludicrous settlement with an obscure but ambitious fuel trader, Nako Energy.

AMABHUNGANE: PetroSA was owed R227m, but may end up losing R1.4bn instead

We haven't written up this one. Daily Maverick has the full story — the link below goes straight to it.

Read the original at dailymaverick.co.za →

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