Resources

Khulubuse Zuma’s R100bn oil deal

President Jacob Zuma apparently played a crucial role in ensuring that his nephew Khulubuse Zuma was allocated two DRC oilfields.
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Picture: Daniel Born / The Times
 
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Illicit financial flows impeding Zambia's economy

TAX Justice Network Africa says rampant illicit financial flows in Zambia's mining tax regime have continued to impede the country's economic growth.

In an interview at the just-ended Southern Africa Resources Watch organised workshop on the Africa Mining Vision (AMV) constituency building workshop, Tax Justice Network Africa policy and advocacy manager Savior Mwamba said Zambia was a clear case of how a resource-rich country was not benefiting from its mineral wealth due to illicit financial flows in its extractive sector.

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SARW urges govt to keep an eye on KCM

SOUTHERN Africa Resource Watch says the government must keep an eye on KCM and act decisively to protect Zambians' interests in the mine.

Commenting on the protests by scores of people in London against Vedanta Resources, the majority shareholder in Konkola Copper Mines, Southern Africa Resource Watch (SARW) country coordinator, Edward Lange, said the mineral resources in Zambia were being literally looted because the mining communities and the country at large were not seeing tangible benefits.

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Training of Lesotho MPs

The SADC Parliamentary Forum in partnership with the Southern Africa Resource Watch will be hosting a National training  workshop for the  Parliament of Zimbabwe from 6th -7th March in Harare. The SADC Parliamentary Forum approved, adopted and launched the Barometer towards the end of last year.

The training workshop is part of a series of trainings on the Barometer for Monitoring Mineral Resource Governance in Southern Africa that  SARW and SADC-PF are planning to organize in all SADC Countries, targeting Members of Parliament and other Stakeholders where possible.

SARW Date: 
Tuesday, April 8, 2014 - 09:30 to Wednesday, April 9, 2014 - 23:00
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Training workshop: Principles for monitoring resource governance in Southern Africa

The SADC Parliamentary Forum in partnership with the Southern Africa Resource Watch will be hosting a National training  workshop for the  Parliament of Zimbabwe from 6th -7th March in Harare. The SADC Parliamentary Forum approved, adopted and launched the Barometer towards the end of last year.

The training workshop is part of a series of trainings on the Barometer for Monitoring Mineral Resource Governance in Southern Africa that  SARW and SADC-PF are planning to organize in all SADC Countries, targeting Members of Parliament and other Stakeholders where possible.

SARW Date: 
Wednesday, April 2, 2014 - 09:15 to Friday, April 4, 2014 - 23:00
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So what needs to be done?

Clearly, governments need to tackle corruption and try to ensure that policies and profits benefit all the people, not just the elite few. However, it is far too simplistic to simply affirm that corruption and a lack of transparency and accountability are solely responsible for limiting the benefits of natural resource extraction. While corruption and secrecy remain serious challenges, there is also a genuine lack of capacity within government administrations to manage the sector.
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