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The Africa Gas Forum seeks to unlock new business opportunities for African investors

Will the nascent gas industry become South Africa’s new money-spinner?

With a bleak outlook emanating out of last week’s #MiningIndaba, investors would be forgiven for losing their stomach for the mining sector and its troubles. Questions are being raised about whether South Africa’s gas sector and the regional gas boom, will replace mining as the region’s new money-spinner.

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SA’s economic future is by no means sealed

When the newness of the year wears off, focus and talks about growing the economy, labour participation and jobs will begin to gather pace. Evidence from the world’s developed economies (US president-elect Donald Trump’s campaign was all about bringing jobs back into the American economy), tells us this is where developing economies must focus if they want to reduce poverty. South Africa is among those nations.

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Sacrificing the steel industry to save Mittal

The Steel Industry is in troubled waters. There are many indicators to this effect, but job losses is an important one. According to the MEIBC, the Steel Industry has lost 150,000 jobs over the last ten years, of which 40 000 jobs were lost in 2015 and 9,000 in the month of November 2015 alone. The MEIBC is predicting a further 30 000 job losses in the Steel Industry this year.

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