Energy & Resources
Climate Change: When local is global
As we have moved from one major climate-change conference after the other, from Kyoto to The Hague, from Bali to Doha, the issue is treated as a global phenomenon which requires global solutions. Hence ‘global governance’ is being seen as the best way to lead these negotiations and deliver on the pr…Who should pay for climate change
Climate change, caused by human activity, is already creating major problems across the world. It is changing rainfall and wind movement patterns, wreaking havoc on agriculture and fisheries. Of all the regions in the world, Africa will be hardest hit, although it has contributed the least to the en…East Africa Sets Tough New Regulations
Late last year, Kenya’s Environment and Mineral Resources Minister Chirau Ali Mwakwere raised a storm in the extractive industry sector when he gazetted new mining rules calling on all investors to cede 35% shares to local investors and firms. The legal notice reads in part “It shall be a condition …Copper, Coal, Diamonds, Platinum Group Metals
Copper Slow 2012 but outlook is promising Copper prices have roughly oscillated between $7,500 per tonne and $8,500 per tonne, near enough averaging where they greeted the New Year at $8,000 per tonne. 2012 saw Zambia – Africa’s biggest copper producer – grow its mining tax revenues a third from 3.3…South Africa Takes A Hit But West Africa Is Fine
Gold mining is subject to concerns about future changes to legislation and rising costs.All Eyes On China
Given the fact that around half of all iron ore exports go to China, and that the nation produces a similar proportion of the world’s steel, it is no wonder that events there are the focus of the industry’s attention. World steel output is forecast to grow by around 3% this year with that growth [&h…Ethical Business Is Better Business
Corporate Social Responsibility (CSR) is one of the most commonly heard phrases in the international business world today. But is it a new way of doing business, or yet another box that has to be ticked by executives keen to get on with the business of making money? Many international firms operatin…The Shocking Truth About Fuel Subsidy Fraud
This month’s African Business Investigative Report dives into the murky world of one of the world’s biggest national frauds – the billions that are being siphoned out by unscrupulous traders and officials abusing the fuel subsidy system. The full, shocking scale of the fraud has only just emerged in…Building Africa From The Ground Up
International construction companies may be suffering from the economic downturn in Europe and North America but investment has never been greater in Africa. In common with any time over the past three years, the port sector continues to attract massive investment. Rising trade volumes and grow…