South Africa: Minerals and Petroleum Resources Committee Encouraged by the Central Energy Fund (CEF) Group’s Healthy Balance Sheet to Fund Operations until 2030
CEF together with its subsidiaries, except for the Petroleum Agency South Africa (PASA), are Schedule 2 state-owned entities required to generate revenue to fund their operations
Having been briefed on the 2025-2030 strategic and annual performance plans as well as the 2025/26 budget of the Central Energy Fund (CEF) Group and subsidiaries, the Portfolio Committee on Minerals and Petroleum Resources is encouraged by the healthy balance sheet of the CEF Group. The CEF Group’s balance sheet…