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Zambia’s mining targets appear unachievable

Location:

ZAMBIA

Zambia’s economy is heavily dependent on copper, and the government is seeking to boost production to 3 million tonnes by 2030 to leverage rising global demand for copper due to…

Severe drought spells economic woes for Zambia

Location:

ZAMBIA

The prolonged dry period is having a serious economic impact, as Zambia relies heavily on hydropower to generate electricity and has been forced to implement power cuts for…

South Africa may oppose world’s largest mining deal

Location:

SOUTH AFRICA

Although Anglo American’s board promptly rejected the bid, BHP is expected make a revised offer. This would have major implications for Southern African mining, as BHP has…

Nigerians may suffer recurring fuel shortages

Location:

NIGERIA

These supply disruptions were largely caused by a lack of sufficient foreign exchange at the state-owned Nigerian National Petroleum Corporation Limited (NNPCL), which has…

Bleak economic indicators will be the norm in Sudan

Location:

SUDAN

Nevertheless, for the first time since the war broke out, the central bank has presented a monetary policy strategy and the finance ministry a budget.

South Africa faces fiscal reform challenges

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SOUTH AFRICA

However, there are question marks over his ability to deliver on the ambitious spending cuts needed as tax collection falls in a weak economy.

Mali's junta will seek to increase revenue from mining

Location:

MALI

The code allows the state to take up to a 30% stake in new projects, a substantial increase over the 20% stake allowed under the previous (2019) code. The revised legislation aims…

South Africa may struggle to deliver a credible budget

Location:

SOUTH AFRICA

Facing major shortfalls in tax collections, the Treasury has therefore requested government departments to implement immediate spending cuts and has recommended far-reaching…