Gas users unhappy with draft plan amid looming crisis; Condolences for black business visionary, Dr Sam Motsuenyane

The Money Show

Apr 30 2024 • 1 hr 23 mins

Concerns abound as industrial gas users express dissatisfaction with the proposed solutions outlined in the draft gas master plan, fearing a looming crisis in 2026. The plan's unrealistic timelines and absence of viable remedies have left stakeholders apprehensive about the future, with the looming threat of "day zero" when gas supply from Mozambique ceases. As pressure mounts, Jaco Human, CEO of the Industrial Gas Users Association of Southern Africa emphasises the need for swift and effective action in order to  avert potential economic repercussions and job losses

Business executives and financiers commemorate the legacy of Dr. Samuel Motsuenyane, regarded as the pioneer of Black entrepreneurship, following his passing at the age of 97. Motsuenyane, a founding member of the National African Federated Chamber of Commerce and Industry, was instrumental in establishing the African Bank.

Warren Ingram, a personal finance expert and Co-Founder of Galileo Capital, joins host Bruce Whitfield to explore the timing and rationale behind engaging in the lottery and the growing popularity of sports betting. Despite the prevalent scepticism surrounding these activities, they delve into the underlying motivations that drive individuals to participate, considering the slim odds of winning in the lottery.

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