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S.Africa: CORRUPTION OR THEFT? – PEOPLE: PetroSA CEO suspended after less than a year in the job

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17 October 2024 – 19:57
by Kabelo Khumalo

The CEO of state-owned oil and gas company Petroleum Oil and Gas Corporation of SA (PetroSA), Xolile Sizani, has been suspended after less than a year in the role amid an unspecified investigation.

“PetroSA’s current group CEO, Xolile Sizani, has been recused from operations, pending the outcome of an ongoing investigation,” the company said in a statement on Thursday, adding that nonexecutive director Mmete Fusi would replace Sizani in an acting role until further notice, effective immediately…

Source: https://www.businesslive.co.za/bd/national/2024-10-17-petrosa-ceo-suspended-after-less-than-a-year-in-the-job/


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