PetroSA Finally Gets a Substantive CEO - Africa’s premier report on the oil, gas and energy landscape.

PetroSA Finally Gets a Substantive CEO

The South African government has finally appointed a substantive Chief Executive Officer for the state hydrocarbon company.

Xolile Sizani, a former CEO of the facilities management group Servest and the Medipos medical scheme, is the first CEO of PetroSA in at least seven years not appointed in acting capacity

He replaces Sesakho Magadla, who was only appointed around mid-February 2024 in acting capacity and who had succeeded former acting CEO Sandisiwe Ncemane.

Sizani, whose appointment was announced by the Cabinet on February 28, 2024, was a manager at Afrox and Sasol.

Sizani is taking hold of a cash strapped company who had been unable to refurbish its gas to liquid refinery, which has also run out of feedstock.

 

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