The Central Energy Fund (CEF) is a Schedule 2 state-owned diversified energy entity reporting to the Department of Mineral and Petroleum Resources which is under the National Government of South Africa.
The mandate of the Central Energy Fund is derived from the CEF Act 38 of 1977 and the ministerial directives issued thereafter.
The Central Energy Fund is mandated is to contribute to the security of the energy supply of South Africa and the region through exploration, acquisition, development, marketing and strategic partnership.
Established in the 1950s, the Central Energy Fund has played a central role in ensuring South Africa’s energy security supply and making a significant contribution to the South African economy by:
- Contributing to the security of energy supply by providing affordable, reliable, diverse use of primary energy resources, and contributing to economic development
- Being a strategic partner to the Department of Mineral and Petroleum Resources by providing insights in support of policy development and regulation
- Aligning with government’s broad objectives (NDP)
- Acting as a vehicle for economic growth, poverty alleviation and economic transformation
The vision of the Central Energy Fund is to secure reliable and affordable diversified energy security solutions for the South African economy by 2030.
The mission of the Central Energy Fund is to provide and enable sustainable energy security solutions for South Africa in order to contribute to economic development and alleviate poverty in an environmentally responsible manner.
Overall, the Central Energy Fund is responsible for the following five subsidiaries, which operate across the entire energy sector value chain, making up the Central Energy Fund Group of Companies:
- AEMFC, which mines coal in Mpumalanga for supply to Eskom, iGAS which is a shareholder in the Mozambique-to-South Africa gas pipeline and is involved in the development of other gas delivery projects
- PASA, which is the national petroleum and gas promotion and licensing agency
- PetroSA, which is the largest subsidiary in the Group, operates a gas-to-liquids refinery that uses indigenous gas as feedstock, and is also a partner in a producing oil field in Ghana
- SFF, which manages strategic crude oil infrastructure, strategic crude oil stocks, and provides oil pollution control services in Saldanha Bay. Renewable energy activities of the holding company are managed through the Energy Projects Division. These include the identification of new joint venture investments in renewable and clean energy projects, and the management of existing joint ventures with other parties.
- The Central Energy Fund also manages the Equalisation Fund on behalf of government.
Overseeing Department/Entity
Office Bearers/Management
Chairperson
- Ms Ayanda Noah
Board Members
- Mr Jim Besnaar
- Ms Unati Figlan
- Ms Gosetseone Leketi
Chief Executive Officer
- Dr Ishmael Poolo
Chief Financial Officer
- Ms Ditsietsi Morabe
Chief Operations Officer
- Mr Tshepo Mokoka
Senior Management
- Mr Sakhiwo Makhanya (Group Executive: Strategy Management)
- Ms Brenda Moagi (Group Executive: Legal and Compliance)
- Mr Mulalo Razwinani (Group Company Secretary)
- Ms Zinhle Thupana (Group Executive: Corporate Services)
- Ms Fhatuwani Tshikomba (Interim Group Executive: Audit)
Communications Officers
- Ms Dibuseng Mogoera (Interim GM: Communications and Stakeholder Management)
Contact Details
The contact details of the Central Energy Fund SOC Ltd (CEF) are listed in the table below.
| Physical Address: | CEF House, Block C, Upper Grayston Office Park, 152 Ann Crescent, Strathavon, Sandton |
| Postal Address: | P.O. Box 786141, Sandton, 2146 |
| Telephone: | 010 201 4700/4820 |
| Email: | cefcomms@cefgroup.co.za |
| Website: | cefgroup.co.za |
