SA is pressing ahead with a $1bn oil investment in South Sudan in a bid to ensure domestic energy security.

“It is happening. We are active there, we are doing exploration, we are working on certain blocks and that’s it,” Mantashe said on the sidelines of the Africa Oil & Power conference. The R15.6bn equivalent investment is funded from state coffers, he said...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.