New Energy Minister Mmamoloko Kubayi has admitted that South Africa sold much of its strategic fuel stock last year‚ contradicting her predecessor‚ Tina Joemat-Pettersson. Kubayi told parliament’s portfolio committee on energy on Tuesday that the sale of the oil to a foreign enterprise at the rock-bottom price of $29 a barrel was indeed a sale..
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SA’s strategic fuel stock was sold for peanuts admitted new Energy minister
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