Mantashe says former chair of Central Energy Fund resigned, was not fired


Minister of Mineral Resources and Energy, Gwede Mantashe, has written to the former chairperson of the Central Energy Fund, Luvo Makasi, to say he accepts that he resigned voluntarily and was not fired.

The CEF oversees national oil company PetroSA and the Strategic Fuel Fund.

The letter, dated October 2, contradicts a previous statement by ex-energy minister Jeff Radebe, who said in March that he fired Makasi after receiving "serious allegations" of wrongdoing.

In a letter from Mantashe's office to Makasi, dated October 2, the minister writes he acknowledges the former chair of the fund resigned voluntarily and was not removed. 

"...[O]ur records indicate that you voluntarily and unilaterally resigned from your position as chairperson and non-executive director of the CEF Board on Friday, 15 March 2019," Mantashe writes. "It is therefore my considered view that this acknowledgement of your voluntary resignation from the aforesaid position brigs finality to this matter, and achieves the intended objective of your written request".

Mantashe did not provide more information on the status of the allegations of wrongdoing Radebe referred to earlier in the year, or why his predecessor had said he was fired. He writes in the letter that he does not want to provide commentary on the truthfulness of comments made by Radebe. 

Fired? No, resigned 

In mid-March, Radebe, in a statement, said he had fired Makasi.

Radebe said at the time that after "serious allegations" were brought to his attention he first discussed them with Makasi and then asked for a written response. After considering the response, he said he fired the former CEF chair on March 15. Radebe did not at the time say what the serious allegations involved.

DA spokesperson on energy, Kevin Mileham, said in March that the opposition party intended to lay charges with police in connection with the case. In his original statement, Mileham alleged that Makasi had resigned shortly before he was set to be fired. 

Radebe was replaced by Mantashe as minister of energy when Cyril Ramaphosa announced that the departments of mineral resources and energy would be merged.

We live in a world where facts and fiction get blurred
In times of uncertainty you need journalism you can trust. For only R75 per month, you have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy. Invest in the future today.
Subscribe to News24
Rand - Dollar
Rand - Pound
Rand - Euro
Rand - Aus dollar
Rand - Yen
Brent Crude
Top 40
All Share
Resource 10
Industrial 25
Financial 15
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Voting Booth
In light of the recent looting, do you think a basic income grant is the right approach to deal with SA’s hunger and poverty problems?
Please select an option Oops! Something went wrong, please try again later.
It will go a long way in helping fight the symptoms of SA’s entrenched inequality, especially for those who are starving right now
20% - 1421 votes
SA’s problems are complex, and we instead need to spend that money on building and growing our economy, which will help the country in the long run
31% - 2212 votes
All grants are a problem as they foster a reliance on handouts
49% - 3509 votes