Zambia's proposed Minerals Regulation Commission Bill, which would allow the government to acquire a shareholding in exploration areas before issuing mining licenses, is facing strong criticism from industry bodies. Both the Chamber of Mines and the Association of Zambian Mineral Exploration Companies warn that the bill could deter investment and deliver a "fatal blow" to Zambia's ambitious goal of boosting annual copper production to three million metric tons.

Speaking to Channel Africa's Channel Africa reporter, Innocent Semosa, the Director of Mining for Modern Corporate Solutions of South Africa, Peter Major says this move will slow down investment 

Zambia's proposed Minerals Regulation Commission Bill, which would allow the government to acquire a shareholding in exploration areas before issuing mining licenses, is facing strong criticism from industry bodies. Both the Chamber of Mines and the Association of Zambian Mineral Exploration Companies warn that the bill could deter investment and deliver a "fatal blow" to Zambia's ambitious goal of boosting annual copper production to three million metric tons.
Speaking to Channel Africa's Channel Africa reporter, Innocent Semosa, the Director of Mining for Modern Corporate Solutions of South Africa, Peter Major says this move will slow down investment

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Africa in Business

Zambia's proposed Minerals Regulation Commission Bill faces  strong criticism from industry bodies

Senegal has rejected claims that it covertly borrowed $754 million to avoid a potential default.

Reports had alleged that the government secretly secured the funds last year from development lender Africa Finance Corporation and First Abu Dhabi Bank, with terms that gave the lenders priority over existing bondholders. In response, the country's Finance Ministry says the transactions were part of a broader strategy to diversify funding sources as the West African nation seeks to raise capital to service its substantial debt and meet government expenditure needs.

Thami Ngubeni spoke to Dr Abotebuno Akolgo, an economist and Program Manager at the International Development Economics Associates (IDEAs).

Senegal has rejected claims that it covertly borrowed $754 million to avoid a potential default.
Reports had alleged that the government secretly secured the funds last year from development lender Africa Finance Corporation and First Abu Dhabi Bank, with terms that gave the lenders priority over existing bondholders. In response, the country's Finance Ministry says the transactions were part of a broader strategy to diversify funding sources as the West African nation seeks to raise capital to service its substantial debt and meet government expenditure needs.
Thami Ngubeni spoke to Dr Abotebuno Akolgo, an economist and Program Manager at the International Development Economics Associates (IDEAs).

Senegal is accused of covertly borrowing $754 million to avoid a potential default

South Africa's (SA) Reserve Bank Governor, Lesetja Kganyago, says the bank has decided to keep the repo rate steady at 6,75% amid steeply rising oil prices. 

This means that the prime lending rate remains at 10.25% . Kganyago says the bank is closely watching the effects of the oil price shock on the back of the conflict in the Middle East.

 Thami Ngubeni spoke to Fatgie Adams, Head of Credit Risk Solutions at TransUnion.

South Africa's (SA) Reserve Bank Governor, Lesetja Kganyago, says the bank has decided to keep the repo rate steady at 6,75% amid steeply rising oil prices.&nbsp;
This means that the prime lending rate remains at 10.25% . Kganyago says the bank is closely watching the effects of the oil price shock on the back of the conflict in the Middle East.
&nbsp;Thami Ngubeni spoke to Fatgie Adams, Head of Credit Risk Solutions at TransUnion.

SA Reserve Bank leaves repo rate unchanged at 6.75% amid steeply rising oil prices

In the C Suite, we are joined by Bunjiwe Gwebu, Executive Manager of the Fetakgomo Tubatse Special Economic Zone (FTSEZ) under the Limpopo Economic Development Agency (LEDA).

With over 20 years of professional experience spanning economic development, spatial planning, and investment facilitation in both public and non-governmental sectors, Gwebu has held senior management positions at leading national and municipal development institutions. Currently pursuing a Doctor of Philosophy in Digital Transformation, she is committed to driving inclusive, people-centred economic growth and industrialisation, with a focus on transforming local economies.

Thami Ngubeni spoke to Bunjiwe Gwebu, Executive Manager of the Fetakgomo Tubatse Special Economic Zone.

In the C Suite, we are joined by Bunjiwe Gwebu, Executive Manager of the Fetakgomo Tubatse Special Economic Zone (FTSEZ) under the Limpopo Economic Development Agency (LEDA).
With over 20 years of professional experience spanning economic development, spatial planning, and investment facilitation in both public and non-governmental sectors, Gwebu has held senior management positions at leading national and municipal development institutions. Currently pursuing a Doctor of Philosophy in Digital Transformation, she is committed to driving inclusive, people-centred economic growth and industrialisation, with a focus on transforming local economies.
Thami Ngubeni spoke to Bunjiwe Gwebu, Executive Manager of the Fetakgomo Tubatse Special Economic Zone.

Zambia's proposed Minerals Regulation Commission Bill faces strong criticism from industry bodies

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