Mineral and Petroleum Resources Development Amendment Bill 101

The Money Show’s Bruce Whitfield interviewed Lizel Oberholzer, Director of Oil and Gas at Norton Rose Fulbright.

Oberholzer discussed the following five important things to know about the MPRD Amendment Bill:

  • The bill seeks to address exploration viability in SA.

  • Operation Phakisa allowed for the oil and gas industry and the Department of Mineral Resources to get together on one platform to talk about the issues.

  • State participation is a key issue.

  • Three new classes of exploration has been identified, distinguishing between risk exposure.

  • Also the introduction of a Petroleum Charter with an aim of at least 10% BEE.

Listen to the interview in the audio below for more detail.

Click here (then“like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter

Article brought to us by Old Mutual.

Read More
Brian Molefe must fall! – ANC leadership

Brian Molefe must fall! – ANC leadership

The Money Show’s Bruce Whitfield interviews labour analyst Terry Bell.

'What’s going to happen in 2019? Gwede Mantashe must be tone-deaf!'

'What’s going to happen in 2019? Gwede Mantashe must be tone-deaf!'

The Money Show's Bruce Whitfield interviews Prof Nick Binedell (Gordon Institute of Business Science) and EWN’s Stephen Grootes.

Michael Fridjhon (South Africa’s foremost wine expert) opens up about money

Michael Fridjhon (South Africa’s foremost wine expert) opens up about money

Every week The Money Show’s Bruce Whitfield interviews a famous person about her or his attitude to money.

Jay Naidoo begs for change (now, or we’re 'heading for an explosion')

Jay Naidoo begs for change (now, or we’re 'heading for an explosion')

Bruce Whitfield interviews former Minister (1994 – 1999) Jay Naidoo about his new book “Change - Organising tomorrow, today”.

3 best investments on the JSE right now (by Ashburton Fund Managers)

3 best investments on the JSE right now (by Ashburton Fund Managers)

Looking for stock picks? The Money Show’s Bruce Whitfield interviews Fund Manager Jason Forssman.

Want to retire rich? Mind your mind (not only your money)

Want to retire rich? Mind your mind (not only your money)

The Money Show’s Bruce Whitfield interviews Financial Life Planning Institute Certified Financial Planner Kim Potgieter.

Popular articles
Cape Town's flexi work hours an 'absolute hit'

Cape Town's flexi work hours an 'absolute hit'

Tax advisory company Grant Thornton has extended remote working and flexible staff hours since the City's announcement.

Read Spur CEO Pierre van Tonder's open letter to Solidarity's Dirk Hermann

Read Spur CEO Pierre van Tonder's open letter to Solidarity's Dirk Hermann

"Dear Dirk, I refer to your open letter published on Maroela Media on 23 May in which you make some contentious statements..."

Grade 6 pupil falls to his death at Edgemead Primary

Grade 6 pupil falls to his death at Edgemead Primary

MEC for Education at Western Cape says an investigation will be launched into the school tragedy.

3 emergency numbers you should have on speed dial and how they work

3 emergency numbers you should have on speed dial and how they work

These are the emergency numbers you should have on your cellphone and this is what you must understand about how they work.