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Nicola Jackson is a partner at Fasken Martineau’s Johannesburg office and a member of the firm’s Global Mining Group. She is quoted in an article in Business Day on what foreign investors in the oil, gas and mining sector need to be attuned to when determining whether to enter Africa to do business.
“It’s a careful balancing act. We need to ensure that this country remains an investor-friendly environment while encouraging transformation and local growth. It’s all good and well for the state to want its piece of the commodity pie, but if these constraints are driving away investors, this all becomes a futile exercise.”
“Understanding the rules of the game is the first step to unlocking Africa’s potential in these sectors – and this can be achieved.”