NEW PETROLEUM ASSOCIATION CHIEF TAKES OFFICE
BP Southern Africa Chairman, Mr Fred Phaswana, is the new Chairperson of the South African Petroleum Industry Association (SAPIA). He succeeds Total South Africa Managing Director, Mr Dennis Poole, whose term ended last year, and is the fourth oil company chief to chair the industry’s association since its establishment in July 1994.
Mr Phaswana says he is confident that 1998 will see great strides towards the putting in place for the Liquid Fuels Industry a dispensation suited to the needs of a democratic South Africa. Sapia, he says, is committed to working with all role players to achieve this objective.
Mr Phaswana intends to build on the good relationships between Sapia and the Government and he wants to help ensure that economic transformation does take place in South Africa. Sapia, he says, supports the sentiments recently expressed by President Mandela on importance of such transformation to the future well-being of South Africa. This transformation, Mr Phaswana says, is the route to the attainment of the economic miracle and of the "African Renaissance". He goes on to say that it is time that Business, Labour, the Community and Government agreed on a common vision for a thriving South Africa, and set out to make it a reality.