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CreamerMedia

FDI in Africa

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Creamer Media's Chanel de Bruyn speaks to Engineering News editor Terence Creamer about the strong recovery in foreign direct investment in Southern Africa. Show less
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Political parties and industry associations on Wednesday voiced different opinions on what role government should play in the oil industry in South Africa, with some noting that nationalisation and privatisation of the industry was not necessarily the best approach.

Speaking at an African Minerals and Energy Forum seminar, in Johannesburg, Sasol South African energy cluster head Dr Benny Mokaba said that nationalisation and deregulation of the industry often had the opposite effect than reaching the desired objective of ensuring security of supply.

Polity

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