Kgadima's appointment to PetroSA questioned

Tshepo Kgadima’s appointment was withdrawn after it emerged he had lied about assets his company controlled.

PetroSA Chairperson Tshepo Kgadima. Picture: LinkedIn.

JOHANNESBURG - Questions are being asked this morning about why the Central Energy Fund appointed Tshepo Kgadima chairperson of PetroSA and whether it was only because Energy Minister Tina Joemat-Pettersson recommended him for the post.

On Thursday, the fund announced it was withdrawing Kgadima's appointment after it emerged he had lied to investors about the assets his company controlled.

Earlier this week, the ministry admitted Joemat-Pettersson had recommended him to the post after she had earlier appeared to deny any role in his appointment.

When asked why Kgadima was appointed in the first place, the fund's Mandla Tyala said it was because of his history.

"He was among a long list of candidates who were considered for the position. A decision was taken to put him on the board based on his track record and credentials."

Tyala was then asked directly if it was only because Joemat-Pettersson recommended him for the post.

"This is a wholly state-owned entity. Everything, in terms of high level appointments, is done in concurrence with the department."

He says any other questions about why Kgadima was appointed must be answered by Joemat-Pettersson's staff.