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Thread: Ramaphosa Secures $10bn Investment Commitment from Saudi Arabia

  1. #31
    Super Grandmaster f2wohf's Avatar
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    Quote Originally Posted by DreamKing View Post
    sure, if you think that they spend R1 that will also have "benefit" to south africa.

    nothing I can argue with.
    You understood who spends here?

    It’s the Saudis, not the ANC.

  2. #32
    Super Grandmaster f2wohf's Avatar
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    Quote Originally Posted by McSack View Post
    Some of the billions the Saudi king has squeezed out of political and familial rivals' "ill-gotten gains" recovered in Saudi anti-corruption drives are coming to ZA.
    Bonus!
    [edit ... updated ]
    I doubt it will be public money invested.

    Rather Saudi companies’ money.

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    Super Grandmaster genetic's Avatar
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    Quote Originally Posted by DreamKing View Post
    any benefits to south africans except anc?

    ans ==> NO.
    Do you know anything about economics? Clearly not.
    I believe posters are recognised by their sig... so I made one.

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    Super Grandmaster genetic's Avatar
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    Quote Originally Posted by DreamKing View Post
    sure, if you think that they spend R1 that will also have "benefit" to south africa.

    nothing I can argue with.
    Nothing you can argue with, you're right. The only thing you ever talk about is the ANC.
    I believe posters are recognised by their sig... so I made one.

  5. #35
    Super Grandmaster DreamKing's Avatar
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    Quote Originally Posted by f2wohf View Post
    You understood who spends here?

    It’s the Saudis, not the ANC.
    what they "signed" that is NOT a contact, they just have "intention" to invest.

    in other words ==> rubbish.
    Don't argue with stupid people, especially for those with power.

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    Quote Originally Posted by f2wohf View Post
    I doubt it will be public money invested.

    Rather Saudi companies’ money.
    Seems a few "Saudi companies" have been assimilated by the "Saudi public"
    In November, the Saudi government locked up hundreds of influential businessmen — many of them members of the royal family — in the Riyadh Ritz-Carlton in what it called an anti-corruption campaign.
    ...
    During months of captivity, many were subject to coercion and physical abuse, witnesses said. In the early days of the crackdown, at least 17 detainees were hospitalized for physical abuse and one later died in custody with a neck that appeared twisted, a badly swollen body and other signs of abuse, according to a person who saw the body.
    ...
    To leave the Ritz, many of the detainees not only surrendered huge sums of money, but also signed over to the government control of precious real estate and shares of their companies — all outside any clear legal process
    ...
    Saudi anti-corruption drive
    When did ignorance become a point of view ?.

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    Super Grandmaster DreamKing's Avatar
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    Quote Originally Posted by genetic View Post
    Nothing you can argue with, you're right. The only thing you ever talk about is the ANC.
    try to understand what is "international relationship" before you talk.
    Don't argue with stupid people, especially for those with power.

  8. #38
    Super Grandmaster f2wohf's Avatar
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    Default Ramaphosa Secures $10bn Investment Commitment from Saudi Arabia

    Quote Originally Posted by DreamKing View Post
    what they "signed" that is NOT a contact, they just have "intention" to invest.

    in other words ==> rubbish.
    As every single pledge yes...

    That’s the basic concept of it but it shows appetite for South Africa.

    Edit: R12 billion is firm and signed by ACWA.
    Last edited by f2wohf; 12-07-2018 at 06:22 PM.

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    Super Grandmaster f2wohf's Avatar
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    Quote Originally Posted by McSack View Post
    Seems a few "Saudi companies" have been assimilated by the "Saudi public"
    If it’s in energy as reported by Fin24, it’s most likely a big share for ACWA.

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    indeed, that is good for CR to "show" that he has the ability to persuade for foreign investors to invest.

    unfortunately there are so many "smart" people believe him.
    Don't argue with stupid people, especially for those with power.

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    I wonder what he had to trade for that? Sigh...

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    Quote Originally Posted by DreamKing View Post
    what they "signed" that is NOT a contact, they just have "intention" to invest.

    in other words ==> rubbish.
    Details to follow
    Yeah whatever mate

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    And he's building a massive mansion in Cape Town on land he bought for R30 million, good stuff...

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    Super Grandmaster f2wohf's Avatar
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    Quote Originally Posted by Sly21C View Post
    And he's building a massive mansion in Cape Town on land he bought for R30 million, good stuff...
    Relevance?

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    Quote Originally Posted by f2wohf View Post
    Relevance?
    He'll personally benefit out of that deal.

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