SA set to invest billions in South Sudan's oil sector - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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SA set to invest billions in South Sudan's oil sector via SABCNewsOnline

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I think it is a good move to help South Sudan to establish its economy.

Are we just reinvesting the billions that are being invested in our country into another country? Or how does it work?

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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 »