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BL Premium reports that Xolile Sizani has been appointed CEO of state-owned oil company PetroSA, which is looking to resume operations at its refinery in Mossel Bay in the Western Cape.
PetroSA also confirmed on Thursday that its acting chair, Nkululeko Poya, who was previously in the running to become CEO, had resigned. The CEO post has been vacant since the departure of Pragasen Naidoo in September 2022. Sizani previously worked as CEO of facilities management and cleaning solutions company Servest. He has also had several roles at chemicals and energy group Sasol and at gas supplier Afrox. It has previously been reported that Minister of Mineral Resources & Energy Gwede Mantashe had sought to appoint Poya, who is under investigation by the Hawks, as CEO. PetroSA has recently faced much scrutiny over a controversial decision to select Russia’s Gazprombank Africa as the preferred investment partner to restart operations at its gas-to-liquid refinery in Mossel Bay.
- Read the full original of the report in the above regard by DENENE ERASMUS at BusinessLive (subscriber access only)
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