CORPORATE ACTIVITY
The Central Energy Fund declined to comment on Wednesday on a report that four of the six remaining board members of PetroSA tendered their resignations. BusinessLive reported that the resignations of now interim board chairperson Wilfred Ngubane, Thami Hlongwa, Johlene Ntwane and Banothile Makhubela have left the State-owned entity with no quorum as the former eight-member board needs a minimum of three members to reach decisions.
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