insert_link Africa Botswana enforces 24% local ownership rule in mining sector The Karowe Diamond Mine in Botswana (Source: Lucara Diamond) Botswana has officially enforced a new regulation requiring mining companies to sell a 24% stake in new concessions to local investors if the government decides not to take the share itself, the Ministry of Minerals and Energy confirmed on Friday. The rule, which came into effect on 1 October, is part of amendments to the Mines and Minerals Act aimed at […] today13 October, 2025
Local Chamber of Mines position on Namibia’s performance in the 2023 Fraser Institute Annual Survey of mining companies The 2023 Fraser Institute Survey of Mining Companies reported that Namibia’s position on the overall Investment Attractiveness Index (IAI) deteriorated by 3 points from 59 in 2022 to 56 in 2023. On this index, Namibia was ranked 42 out of 86 jurisdictions surveyed, compared to 38 out of 62 jurisdictions in 2022. In the African context, Namibia ranked 4th out of 22 African jurisdictions surveyed on overall […] today21 May, 2024
