PetroSA CEO fired

The board of parastatal PetroSA have announced that they have terminated the contract of CEO Sipho Mkhize, following the outcomes of a disciplinary hearing. Mkhize's contract was terminated with immediate effect. PetroSA did not say of what nature the disciplinary hearing was, but the did say they wanted minimum disruption at the company. The SABC reported that Mkhize was sacked for alleged corruption. Read more: TimesLive and Reuters Africa.