Wasaa Gasses Announces The Acquisition Of bpSA’s East London Terminal. Wasaa Gasses a subsidiary of Wasaa Group has announced that it has acquired bpSA’s East London Terminal, the company took to Instagram to make the official announcement of the hand over.
The post read, “We did it! Yesterday, 26 May 2022, Bp South Africa officially handed over Bp Terminal to Wasaa Group to increase investment opportunities. Wasaa Group founder and managing director Nokwanele Qonde said “the deal with bpSA is the culmination of years of hard work, grit, determination, and unwavering resilience in an industry that is largely White, and male-dominated”. Visit the link to watch the event: https://www.youtube.com/watch?v=7H4hp7GizSA Congratulations to us”
Wasaa is an independent, black-women owned, controlled and managed B-BBEE petrochemicals company driving growth through diversification. With over 50 years’ combined experience in the manufacture and distribution of gas, fuels, and chemicals – Wasaa is a respected independent player within the petrochemicals industry. Wasaa is proud of its performance-driven culture which has led to satisfied customers and numerous awards for the company.
As an independent, 100% black-owned, 80% black-women owned, controlled and managed business, Wasaa was founded in 2008 by Nokwanele Qonde as a first of its kind in the industry. To-date, Wasaa is a leading, emerging commodity trader in South Africa, with a global position and a primary focus on the marketing and trading of crude oil and petroleum products across the African regions.
bp has operated in Africa for over 100 years, pursuing a range of interests from oil and gas exploration, crude oil importation and refining to the distribution and marketing of gas and refined products through bp Ultimate, Aviation, bp Marine and Castrol.