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    Cape Business News: Incentivising Oil and Gas Companies in South Africa

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Summary

Cape Business News says that to attract oil and gas firms, South Africa will have to do a number of things including enabling a better regulation and tax system

by: Erica Mills

Posted in:

South Africa, Africa

Cape Business News: Incentivising Oil and Gas Companies in South Africa

Over the last few years, there has been a steady upswing in the level of activity in the oil and gas industry in South Africa (SA.)

Oil and gas companies and oilfield services companies continue to play a significant role in these increased levels of activity in the sector and whilst there has seemingly been a slowdown in the sector, SA should continue its efforts to encourage investment into this very important industry.   

There are still many hurdles to cross in the industry in SA, but what is clear is that continued investment will be highly dependent on SA having a stable and fair regulatory (including tax) framework to govern the sector.  

Read the full article HERE.