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Ex-Transnet execs monopolise management jobs at PetroSA

Many executives who once worked for the rail and port operator have in recent years joined the South African state-owned oil company PetroSA, a trend apparently encouraged by its ex-chairman, Nkululeko Poya. [...]
Reading time 3 minutes Clotilde Ravel
Energy

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In Focus | South Africa
State-owned PetroSA in death throes as national energy crisis persists

PetroSA has been fighting for survival since its Mossel Bay refinery shut in 2020. Its crisis has deepened in recent months, with a lack of funds preventing urgent maintenance work on high-risk infrastructure. Company documents seen by Africa Intelligence paint a grim picture of an almost bankrupt firm hobbled by inept management and an allegedly cavalier chairman, Nkululeko Poya.

LogoSubscribers only Energy, Politics 12.06.2023
PetroSA interim chairman Nkululeko Poya, Energy and Mineral Resources Minister Gwede Mantashe and President Cyril Ramaphosa.

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