South Africa’s economy presents an abundance of business opportunities, as its emergent market economy has presented a dynamic investment environment.
Booi Brothers Petroleum (BBP), a subsidiary of Booi Holdings, has immersed itself in identifying worthwhile opportunities in the mining and resource extraction industry.
The project will have economic spin offs in various spheres of the South African economy, including employment where a substantial number of people, in South African local communities and professionals both locally and abroad, will benefit from job creation and development of skills. The infrastructure expansion in the designated exploration area will also add considerable value to the surrounding area. Houses, roads, malls, hospitals, schools, petrol stations and transportation solutions are scheduled to be built.
An added benefit is the increase of the GDP Index of the country in relation to taxation and financial stability.
