SA Minister of Energy Sacks CEO of Central Energy Fund

In a brief press statement, The Minister of Energy has announced the removed of Mr Luvo Makasi as Director and Chairperson of the Board of CEF. This followed serious allegations that were brought to the attention of the Minister.

These serious allegations were discussed with Mr Makasi by Minister on 8 March 2019 and put to him in writing by the Minister on the same day. He responded to the Minister on 11 March 2019.

Having considered Mr Makasi’s written response the Minister on 15 March wrote to Mr Makasi removing him from the CEF Board and as Chairperson.

Author: Bryan Groenendaal

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Green Building Africa promotes the need for net carbon zero buildings and cities in Africa. We are fiercely independent and encourage outlying thinkers to contribute to the #netcarbonzero movement. Climate change is upon us and now is the time to react in a more diverse and broader approach to sustainability in the built environment. We challenge architects, property developers, urban planners, renewable energy professionals and green building specialists. We also challenge the funding houses and regulators and the role they play in facilitating investment into green projects. Lastly, we explore and investigate new technology and real-time data to speed up the journey in realising a net carbon zero environment for our children.

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