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Petro SA mum on business rescue reports

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(PetroSA web)
(PetroSA web)

Cape Town - The Central Energy Fund (CEF) is currently still handling certain issues regarding its subsidiary Petro SA internally and will make its decisions known in time.

This was the response of the CEF's spokesperson Jacky Mashapu on Thursday when asked by Fin24 about reports that the board of the state-owned oil company has asked the CEF to place it under business rescue.

Mashapu said he cannot comment on these reports and does not know the source of the reports.

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