South Sudan woos investors as peace deal revives oil industry

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South Sudan records increase of 20,000 barrels per day after signing of new peace deal

 

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SA to invest R13bn in South Sudan oil industrySouth Africa will be investing over R13-billion in South Sudan's oil sector. Amazing to invest all this money yet we cannot feed the poor house the homeless... It escapes me It's a good idea there's a lot of oil there Hayi bo kahleni!, not so long ago TreasuryRSA boldly issued a statement that RSA has a budget deficit of around R46 billion. Eeeh Mogajane is this a confirmation that our deficit of R50 billion has been recovered such that we can be this ambitious?
Source: eNCA - 🏆 49. / 51 Read more »

SA to invest R13bn in South Sudan oil industrySouth Africa will be investing over R13-billion in South Sudan's oil sector. Waiting for a reply.... Getting what in return? If South Africa took invested money from China, to reinvest it in South Sudan does that make sense? After how many years will we reap?
Source: eNCA - 🏆 49. / 51 Read more »