Stop buying V-8 invest your money - Minister of petroleum
South Sudan’s minister of petroleum has advised young people with capital to start investing in businesses instead of buying expensive cars.
“I think it is time for us to stop buying V8’s and do more investments,” said Puot Kang who believes there are many business opportunities in the country but very few South Sudanese are committing their money into them.
The Japanese made Toyota Land Cruiser V8 is one of the luxury vehicles flooding the streets of Juba.
“Most of you young people who are doing business have been in Uganda, Kenya, Sudan, Egypt, and Ethiopia. Some of you have been in Europe, Australia, United States or Canada. You went to the same schools, you have the same knowledge, I think it is time for us to do the same things or do it even better for the benefit of our own people,” he challenged young South Sudanese during the two-day oil and gas conference in Juba this week.
He further advised able South Sudanese to turn their finances into businesses instead of spending on extravagant lifestyles.