ETHANOL producer, Green Fuel has failed to justify its existence despite enjoying massive hand-holding from government in the form of a protected monopoly as well as laws requiring the mandatory blending of petrol with 15% ethanol, parliament has revealed.
The parliamentary portfolio committee on youth, indigenisation and economic empowerment made the damning findings that the ethanol producer had failed to deliver on promises of providing cheaper, environmentally friendly fuel, compliance with indigenisation laws as well as stimulating massive investment and jobs for the local Chisumbanje community.
...
AllAfrica Subscription Content
You must be an allAfrica.com subscriber for full access to certain content.
You have selected an article from the AllAfrica archive, which requires a subscription. You can subscribe by visiting our subscription page. Or for more information about becoming a subscriber, you can read our subscription and contribution overview.
For information about our premium subscription services:
You can also freely access - without a subscription - hundreds of today's top Africa stories and thousands of recent news articles from our home page »
Already a subscriber? Sign in for full access to article