SA must prepare for foreign investors, says Mantashe on Total gas discovery

  • 📰 ewnupdates
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 53%

South Africa Headlines News

South Africa Latest News,South Africa Headlines

Minister Gwede Mantashe was addressing Members of Parliament during the debate on President Cyril Ramaphosa's State of the Nation Address.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Why cant SA companies invest? Why do we need investors all the time... When will we stop this over reliance on investors who f us all the time.. Gwede needs to leave please

Foreign investors like your Indian friends Rather go look for the millions spent on Medupi and Kusile. 5yrs behind 16x overspend, built by Hitachi SA and all of a sudden not working. Seeing that ANC have shares go find our money and pay it back😎😎

You think

Maybe I'm missing something, but I thought Total did all the prospecting and therefore have the right to extract the gas for profit while paying the prescribed and necessary taxes. Who they choose to bring on board during the exctration venture is totally up to Total.

Time to make space and throw out the old Gucci bags

What the actually means is that they must prepare their pockets cause they will be getting money not ordinary people

Not recycled atul and co.

Are the Gupta’s coming back?

We don't need foreign investors, we have capable people in this Country to do what foreign investors can do. South Africans all over the World are working on the oil rigs. We must not make the same mistakes like what we did with Gold an Platinum.

cANCer cadres beside themselves with the potential looting opportunities this gas fund will present. Their salivating at the thought is nauseating in the extreme 🤮🤮🤮🤮🤮

It's either we nationalize that gas or nothing. Screw foreign investors!

The last foreign investors we had were brothers from India and we all know how that turned out.....

Your wife n daughter are share holders already, your wife with catering

Police file that man should be facing charges

Why do we need foreign investors while we got the gas 😁? Don't we need buyers?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 30. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

WATCH: Mantashe hails Total's discovery of gas as major boost for SA economy | IOL Business ReportMineral resources minister Gwede Mantashe has welcomed the announcement made by French oil and gas company Total of a significant gas discovery.
Source: IOL - 🏆 46. / 51 Read more »

Total discovers net gas condensate off coast of SA | IOL Business ReportFrench oil and gas company Total said on Thursday that it has made a significant gas condensate discovery on the Brulpadda prospects.
Source: IOL - 🏆 46. / 51 Read more »

Total makes significant discovery offshore SATotal says the field could potentially hold more than 1-billion barrels of oil equivalent
Source: BDliveSA - 🏆 12. / 63 Read more »

SA offshore gas find could yield 1 billion barrels, says TotalThe company has announced that it has made a massive gas condensate discovery. Let me guess..🤔🤔🤨 ah.. wait.. the petrol price will still not come down.. because of all the taxes.. and SA will just export it and the money will... oh wait its already gone..🌬 How come Soekor did not find this in the 1970s already? Oil /gas back then wudve been a God-sent esp after the oil crisis?! Is that sufficient to justify the pollution it will cause
Source: ewnupdates - 🏆 30. / 53 Read more »

Total offshore find could bring R1-trillion to SA economyThe company says it has opened up a new ‘world-class’ oil and gas province off the coast of Mossel Bay after making a gas-condensate discovery
Source: BDliveSA - 🏆 12. / 63 Read more »

6.1 million people without jobs in SA- Stats SA - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.South Africa's unemployment remains one of the highest in the world despite some improvement in the fourth quarter of 2018. Didn't Cyril's manifesto speech mention that 9 million were unemployed? 🤨 That's sad,Where is the future for our children keep on promising with politicians lies.They are liars like cheap watch in a wrist. Even those little jobs that needs not much hustle have been taken by foreigners im till to visit a restaurant and get served by a South African, damn WTF 🤬 , where the heck im?
Source: SABC News Online - 🏆 32. / 51 Read more »

Ayanda Patosi breaks new ground for SA footballersAyanda Patosi, on loan from Cape Town City, joins Esteghlal in Tehran, the most successful team in Iran And we wish Ayanda Patosi well in his new venture in Iran. We need more players who ply their trade overseas and get enough game time yo make a positive impact to Bafana Bafana
Source: BDliveSA - 🏆 12. / 63 Read more »

American R&B singer Carl Thomas cancels SA showAmerican R&B singer Carl Thomas has cancelled his South African concert just a week before he was scheduled to hit the stage. Hawu... Ubeyaphi. sindivanzyl What does he sing ? Who is Carl Thomas now ? sindivanzyl We did not even know he was coming
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Only 27% of citizens believe SA is on right track – surveyThis is down from the 68% peak of ‘Ramaphoria’, but still much higher than the 22% job approval rate of Jacob Zuma in February last year.
Source: TheCitizen_News - 🏆 6. / 75 Read more »

Don’t disturb flamingos outside Kimberley – BirdLife SAThe flamingos started returning to the dam last week after leaving about two weeks ago due to extreme heat, and are breeding again.
Source: TheCitizen_News - 🏆 6. / 75 Read more »