Weekly Press Review – 29 May 2015

In sad news the press has reported that the search for the two fishermen who went missing after their boat capsized over the weekend has still produced no conclusive results.

The fishermen were reported as missing after their boat capsized in dense fog off Lamberts Bay.  The boat had a crew of four on board.  After the boat capsized all four clung to the boat and must have fallen asleep.  On arrival, members of the National Sea Rescue Institute (NSRI) were informed that two of the crew were missing.

NSRI spokesman Craig Lambinon reported that none of the crew had life jackets and there was no emergency equipment on board the boat.

The two surviving fishermen were treated for hypothermia at a nearby hospital and their condition is described as serious, but stable.

The search for the two missing fishermen continues.

A reminder of the daily danger that fishermen subject themselves to in order to put food on the table.

Also in the press this week is the news that state oil company, PetroSA has asked three of its top executives to take special leave pending an investigation into their performance.

The news comes on the back of the company’s declining revenues, particularly a failed bid to enter the fuel retail market and a loss of R1.2 billion for the financial year 2013/2014.

PetroSA spokeswomen said that they were in discussion with the three executives and an interim management team might be appointed.

PetroSA is following in the footsteps of Eskom who also suspended its chief executive and three other executives to allow for an inquiry into the utility’s performance.

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