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SA earmark mining sector for investment in coming years

Wits Mining Institute director, Professor Glen Nwaila has allayed fears that South Africa’s mining industry is hitting a plunge. “Despite the global economic challenges, South Africa has become more attractive to investors due to the surge in demand for raw materials, as witnessed by the eight-fold increase in South Africa’s …

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Exploration and production of fossil fuels controversially remains central to the development trajectory of several developing countries

The South African delegation at the World Economic Forum,recently, affirmed that the country is ready to partner with the local and global community to boost investment opportunities that will yield economic development. But the country faces a worsening energy and logistics crisis — resources critical for creating economic development, jobs …

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Oil pipeline from Mozambique on the cards

President Hakainde Hichilema has announced the country’s intentions to build a pipeline to transport oil products from the port of Beira, Mozambique. Supporting the vision, Mozambican transport minister Mateus Magala said a boom in mineral resources in Zambia means that Mozambique should plan to increase the volume of cargo that …

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