Soon after a company was appointed to partner PetroSA in a R21bn deal it's politically connected owner, Lawrence Mulaudzi, started scrambling to find entities with the requisite technical and financial capacity to execute the huge project.
Premier Oscar Mabuyane has boldly announced five key economic projects that a new administration will focus on in the next five years to ignite economic growth and create jobs.Though the beginning of his state of the province address to more than 1,700 guests at the Christian Centre in Abbotsford, East London, on Thursday was disrupted by EFF MPLs, he was unfazed, telling guests he would return to office as premier for a second term after the May 29 elections.
South Africa is finally on the brink of developing its first LNG import terminals, just as it closes in on a substantial increase in domestic gas production. A combination of imported and domestic gas could address the country’s chronic power shortages and still heavy dependence on coal. [Gas in Transition, Volume 3, Issue 12]
Energy experts said it was not the cheapest option despite Ramokgopa saying otherwise. They questioned the timing of the announcement and pointed out discrepancies and unrealistic expectations tabled by Ramokgopa.