The Central Energy Fund (CEF) has appointed a new interim board at embattled State-owned oil and gas company PetroSA.
Former South African Farmers Development Agency MD Nhlanhla Gumede has been appointed chairperson, succeeding former interim chairperson Wilfred Ngubane.
The CEF has also appointed Leanne Williams, Quentin Eister, Puleng Kwele, Boy Ngubo, Dr Nomvuselelo Songelwa, Sepheu Masemola and Mthozami Xiphu to the board.
Last month, the CEF refuted claims that four of the six remaining board members of PetroSA had tendered their resignations.
Media reports stated that the alleged resignations had come after CEF chairperson Luvo Makasi, in a letter, asked the PetroSA board members to resign with immediate effect, or give oral representations at the entity’s annual general meeting as to why they should remain in their positions.