Does Brexit spell bad news for diamond traders?
The United Kingdom's exit from the European Union (EU) could have a direct effect on diamond producers in Africa. While [...]
The Zambian mining sector has been in a state of high tension since populist Michael Sata became the country's president at the end of September 2011. During his election campaign, Sata promised to redistribute mining revenues, the biggest contributor to the country's GDP, more fairly. Since his election, the country has been divided between supporters and opponents of his controversial 10% tax on [...]
In this enormous country where central power is weak, ethnic allegiance counts above everything, particularly in the mineral resources sector where the political and economic stakes are high. Whoever controls the copper, cobalt, diamond and cassiterite mines of this vast land controls the manna which will finance the presidential and provincial elections of the future and the military operations n [...]