ANALYSIS | Gloves come off between PetroSA and ex-partner

Nako Energy was once a trusted insider at the state-owned petroleum company. Now, PetroSA accuses its former partner of trying to bully it into paying R606 million while neglecting to tell the court that Nako owes PetroSA R833 million in return.

— News24 Business
Read the full story on News24 Business

This story was written and published by News24 Business. Business.co.za shows its headline and teaser from the publisher’s RSS feed and links to the original.

What business people are saying

0

No comments yet. Be the first.

More in Business

All →
Bizcommunity

The law that never was

The Constitutional Court's decision to strike down the Public Procurement Act reaches further than procurement. It is a ruling about what public participation in lawmaking actually requires. And for women-owned businesses it leaves one question unanswered: when will the promise of a fixed share of…

Bizcommunity

Solving urban loneliness one estate at a time

Urban South Africans are increasingly moving to cities alone, away from extended families, away from established social networks, and into apartments where they may not know a single neighbour. Purpose-built multifamily rental developments are finding ways to meaningfully address this lonely…