Forging the Growth of the Oil & Gas Industry in Sub-Saharan Africa – SAOGA
“What we are looking at now in the short term is the LNG-to-power opportunity.”
imported 2024-03-17 17:43:07
“What we are looking at now in the short term is the LNG-to-power opportunity.”
“That is one of the big concerns around the entire oil and gas industry in South Africa. As the public has become more educated, they have become more concerned,” says Dave van Der Spuy, Resource Evaluation Manager of Petroleum Agency SA.
“I believe that the opportunity for further growth in the agricultural sector in South Africa is very good. It is enhanced by a weakening currency for sure,” says Ben Vermooten, CEO of Grainco.
“There are huge opportunities in Cape Town. I think there are huge opportunities in South Africa. We just have to free up some issues,” says Jonathan Goldberg, CEO of Global Business Solutions.
“South Africa is not developing its manufacturing base, the mining base is also stagnating,” explains Arnold Goldstone, Executive Deputy Chairman of Invicta Holdings.
“The main challenge is how things are perceived. South Africa was regarded as a great location but not necessarily known for manufacturing and high-tech innovation in film,” explains Nico Dekker, CEO of Cape Town Film Studios.
“We put a very strong emphasis on hi-tech, and indeed, that is precisely what our broadband rollout has been about. We want to enable ICTs, Information and Communication Technologies, as the bedrock of why services work so well in the Western Cape,” explains Helen Zille, Premier of Western Cape.
“We have done a lot of work in repositioning their business models and specifically with business model innovation. It is not about what product or service that you are selling, it is about how you position it and how you create the business model around it that gets it to market.”
“If you look at South Africa, many South African companies are sitting on piles of cash and they aren’t investing it. The question is why? You have to unlock their confidence in the country to invest that money.”