THE interim chairwoman of the board of state oil company PetroSA has quit‚ plunging it further into chaos after it suspended two executive directors last month.
Nonhlanhla Jiyane resigned on Monday after clashes with board members over a letter she wrote to the Central Energy Fund (CEF) — of which PetroSA is a subsidiary — raising concerns about its intervention in PetroSA’s turnaround strategy.
CEF chairwoman Sankie Mthembi-Mahanyele on Monday confirmed Ms Jiyane’s resignation. “Yes‚ I did receive her resignation today but I am yet to study it‚” she said.
In her resignation letter‚ Ms Jiyane refers to a letter from Ms Mthembi-Mahanyele‚ dated July 15‚ which she describes as “disturbing“.
“As a consequence‚ it has become extremely difficult for me to continue serving in the PetroSA board‚” she says.
Now chair quits embattled PetroSA
THE interim chairwoman of the board of state oil company PetroSA has quit‚ plunging it further into chaos after it suspended two executive directors last month.
Nonhlanhla Jiyane resigned on Monday after clashes with board members over a letter she wrote to the Central Energy Fund (CEF) — of which PetroSA is a subsidiary — raising concerns about its intervention in PetroSA’s turnaround strategy.
CEF chairwoman Sankie Mthembi-Mahanyele on Monday confirmed Ms Jiyane’s resignation. “Yes‚ I did receive her resignation today but I am yet to study it‚” she said.
In her resignation letter‚ Ms Jiyane refers to a letter from Ms Mthembi-Mahanyele‚ dated July 15‚ which she describes as “disturbing“.
“As a consequence‚ it has become extremely difficult for me to continue serving in the PetroSA board‚” she says.
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