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Botswana slides in mineral competitiveness rankings

Losing allure: The mining industry is not only the country’s economic backbone but the biggest target of foreign direct investment
Losing allure: The mining industry is not only the country’s economic backbone but the biggest target of foreign direct investment

Botswana is no longer Africa’s most attractive destination for mineral investment, being displaced in the latest Fraser Institute Survey of Mining Companies by Morocco, Ghana, Liberia and other states.

For 2021, the annual survey of mining companies was circulated to about 2,200 managers and executives around the world in companies involved in mining exploration and development. The survey received a total of 290 responses from individuals associated that reported exploration spending of $2.51 billion in 2021 and $1.79 billion in 2020.

The survey, which is eagerly anticipated by investors annually, is an attempt to assess how mineral endowments and public policy factors such as taxation and regulatory uncertainty affect exploration investment.

Editor's Comment
Justice delayed is trust denied

Batswana who marched peacefully for 'Justice for Tshepi' demanded answers. They have now received a detailed account of police investigation and a promise that the file is with the Directorate of Public Prosecutions (DPP). The real test is whether the state now keeps its word without further prodding. In his address, the minister asked the nation to trust the process. He spoke of rigour, not neglect, and pointed to 10 months of...

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