Central Energy Fund
latest news & developments
The Central Energy Fund’s crucial role in securing energy for South Africans
Through its subsidiaries, the CEF has been a key player for over 60 years in ensuring South Africa’s energy security supply
Cosatu details plans for next week’s cost of living strike
The trade union federation is using protest to demand urgent action from the government to avoid an ‘economic collapse’
Energy department wastes R20.7-million in bungled solar geyser project
Of 87 206 solar geysers procured, only 61 000 were delivered, and fewer than 3 200 were installed
Government extends R1.50 general fuel levy reprieve, but also announces steep price increases from June 1
The retail price of petrol will rise by up to R2.43 a litre from Wednesday
Government still ‘debating’ extension of fuel price relief measures
Fuel prices are expected to increase by at least R3 a litre if the R1.50 reprieve is not extended
Fuel fund loses appeal on refunding buyers of South Africa’s oil reserves
The appellate court said the Strategic Fuel Fund tried to play the victim when it was the author of the tainted sale of the country’s entire crude oil reserves
Why motorists are paying more for petrol
Steep fuel price hikes are the result of higher levies, which came into effect this week, as well as a turbulent international oil market
Consumer price inflation eased in February
But higher petrol and electricity prices are expected to drive up price inflation throughout the economy
Sisulu dissolves housing agency board, again
The HDA is once again under administration, and its acting chief executive gets to stay on
Public protector clears Magashule, Joemat-Pettersson
Current ANC secretary-general Ace Magashule has been cleared of allegations that he misled the Free State provincial legislature when he was premier of that province. It follows…
Controversial oil reserves sale ‘corrupt’ and ‘dishonest’ court hears
The sale of South Africa’s crude oil reserves is now facing a criminal investigation by the Hawks
Former iGas member accuses Gwede and CEF of interfering
Board members have quit the gas company, accusing the Central Energy Fund of poor governance, and the energy minister of overreach
Giant new refinery: curse or boon?
Saudi’s Aramco is planning an oil refinery in South Africa, but experts say the magaproject is risky
Ties that bind: The Poya and Mantashe family link
The department of mineral resources and energy did not explain why the former Railway Safety Regulator CEO, Nkululeko Poya, was appointed to the CEF
A former CEO who is facing criminal charges has been appointed to the CEF board
Nkululeko Poya admitted to spying on a journalist and his former colleagues — now he’s been appointed to the board of a parastatal