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Namibia overtakes Botswana as top mining destination

Botswana has been overtaken by Namibia as the most attractive jurisdiction in Africa for mining investment due to a perceived fall in the mineral endowment potential of the country, an authoritative global mining survey has shown.

According to the 2014 Fraser Institute Survey released this week, Botswana has slipped two places down the rankings to position 26 while Namibia has improved to 25 from 34 in 2013.

The survey, which is compiled from opinions of 4200 mining executive globally in 122 jurisdictions, is an attempt to assess how mineral endowments and public policy factors such as taxation and regulatory uncertainty affect exploration investment.

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Editor's Comment
Celebrate responsibly, put safety first this holiday

“Safety first is safety always”– Charles M HayesAs most people begin travelling across the country to spend the President’s Holidays with family and friends, there is every reason to embrace the joy and togetherness that this period brings.While holiday periods bring joy, they are sadly often accompanied by a rise in road accidents, violent incidents and other avoidable tragedies. Too often, families that set out to celebrate together end...

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