{"id":62243,"date":"2024-03-06T09:53:37","date_gmt":"2024-03-06T09:53:37","guid":{"rendered":"https:\/\/www.africa-press.net\/south-africa\/all-news\/mantashe-tells-businesses-in-south-africa-to-stop-crying"},"modified":"2024-03-06T10:01:37","modified_gmt":"2024-03-06T10:01:37","slug":"mantashe-tells-businesses-in-south-africa-to-stop-crying","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-africa\/all-news\/mantashe-tells-businesses-in-south-africa-to-stop-crying","title":{"rendered":"Mantashe tells businesses in South Africa to \u2018stop crying\u2019"},"content":{"rendered":"

Africa-Press – South-Africa. <\/strong><\/span>Minister of Mineral Resources and Energy Gwede Mantashe says the private sector in South Africa should collaborate with the government in finding solutions instead of \u2018just crying\u2019 when things go wrong.<\/p>\n

This sentiment was voiced during his address at the Africa Energy Indaba in Cape Town, which specifically touched on concerns over South Africa\u2019s gas and electricity supply, responding to business groups and experts in the field who sounded the alarm about the country running out of gas in the next two years.<\/p>\n

In his written speech, the Minister said the government had noted concerns from businesses and citizens regarding the current and future gas supply in the South African market due to commercial disputes between Sasol and its customers.<\/p>\n

However, he said there are plans in place to address the shortage.<\/p>\n

The CEF subsidiary, iGas, has acquired an additional 40% ownership of the Republic of Mozambique Pipeline Investments Company (ROMPCO) pipeline.<\/p>\n

This acquisition now means that both South Africa and Mozambique have joint ownership of 80% of the pipeline.<\/p>\n

Additionally, South Africa has entered into a gas sales agreement with the Mozambican State-owned hydrocarbon company, which has the potential to deliver up to 200 petajoules of natural gas.<\/p>\n

South Africa has also made \u201csignificant new finds of natural gas,\u201d according to the Minister.<\/p>\n

The recent discovery of gas reserves by TotalEnergies in the Outeniqua Basin and Kinetiko Energy in Amersfoort, Mpumalanga, are significant steps towards strengthening South Africa\u2019s energy security and advancing the country\u2019s industrialization efforts, leading to growth and development.<\/p>\n

These are part of the overall plan on the part of the state, said Manashe, hinting at room for the private sector to come to the table and collaborate with the state.<\/p>\n

\u201cWhen we make those discoveries, you often find the projects aren\u2019t run by the state but by private sector companies,\u201d said Mantashe.<\/p>\n

\u201cAnd the state is quite comfortable supporting those companies because it\u2019s not about government vs the private sector; it\u2019s about cooperation.<\/p>\n

\u201cSo the private sector [private businesses] must be a willing participant, not just a crying baby who asks where the government is when things go wrong \u2013 no,\u201d said Mantashe.<\/p>\n

He added that when something goes wrong in any sector, the problem is with the state and the businesses involved \u2013 both parties are responsible for fixing the problems.<\/p>\n

He further stated that although the nation is frustrated with the issue of load shedding, the discussion about power cuts that aim to safeguard the grid often disregards the issue of \u201cenergy poverty\u201d and the government\u2019s efforts over the last thirty years to enhance access to electricity.<\/p>\n

Matashe has been one of the biggest impediments to private-sector electricity generation in recent history. He was forced by president Cyril Ramaphosa in 2021 to open up the electricity market \u2013 too late to prevent the worst levels of load shedding on record.<\/p>\n

For More News And Analysis About South-Africa<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – South-Africa. Minister of Mineral Resources and Energy Gwede Mantashe says the private sector in South Africa should collaborate with the government in finding solutions instead of \u2018just crying\u2019 when things go wrong. This sentiment was voiced during his address at the Africa Energy Indaba in Cape Town, which specifically touched on concerns over […]<\/p>\n","protected":false},"author":84,"featured_media":62241,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,12],"tags":[274,315,275],"class_list":["post-62243","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-africa-press","tag-africa-press-south-africa","tag-south-africa-2"],"yoast_head":"\nMantashe tells businesses in South Africa to \u2018stop crying\u2019 - South Africa<\/title>\n<meta name=\"description\" content=\"Minister of Mineral Resources and Energy Gwede Mantashe says the private sector in South Africa should collaborate with ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/mantashe-tells-businesses-in-south-africa-to-stop-crying\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mantashe tells businesses in South Africa to \u2018stop crying\u2019\" \/>\n<meta property=\"og:description\" content=\"Minister of Mineral Resources and Energy Gwede Mantashe says the private sector in South Africa should collaborate with ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/mantashe-tells-businesses-in-south-africa-to-stop-crying\" \/>\n<meta property=\"og:site_name\" content=\"South Africa\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-06T09:53:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-06T10:01:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2024\/03\/sm_1709706625.748062.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"683\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/mantashe-tells-businesses-in-south-africa-to-stop-crying#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/mantashe-tells-businesses-in-south-africa-to-stop-crying\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Mantashe tells businesses in South Africa to \u2018stop crying\u2019\",\"datePublished\":\"2024-03-06T09:53:37+00:00\",\"dateModified\":\"2024-03-06T10:01:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/mantashe-tells-businesses-in-south-africa-to-stop-crying\"},\"wordCount\":497,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/mantashe-tells-businesses-in-south-africa-to-stop-crying#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2024\/03\/sm_1709706625.748062.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-South-Africa\",\"South-Africa\"],\"articleSection\":[\"all news\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/south-africa\/all-news\/mantashe-tells-businesses-in-south-africa-to-stop-crying#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/mantashe-tells-businesses-in-south-africa-to-stop-crying\",\"url\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/mantashe-tells-businesses-in-south-africa-to-stop-crying\",\"name\":\"Mantashe tells businesses in South Africa to \u2018stop crying\u2019 - 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