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All of this points to the need for a new approach to mineral resources in Africa.

And governments and civil society on the continent are reflecting on the current state of the extractive industry and discussing different models to ensure that Africa benefits as much as possible from its natural wealth. In South Africa, a debate on nationalisation has been raging for the past few years but the government has now made it clear that it will not pursue that approach. Instead, the ANC is considering the introduction of a super tax.
 
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The end of the cold war

The end of the cold war and the failure of the structural adjustment programmes paved the way for the wave of democratisation that swept across much of the continent in the early 1990s. While democratisation gave African people the opportunity to ask questions that they could not ask previously, it also brought with it a new economic strategy – privatisation. Right from the start, the crown jewels of the privatisation process were mineral resources.
 
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Myths and Mining: The reality of resource governance in Africa

There are two economic realities on the African continent today. You will find the first one in World Bank, IMF and Africa Development Bank reports – and in articles across the globe about ‘Africa Rising’. This reality depicts Africa as a continent that is forging ahead – onwards and upwards. And some of the world’s best perform.ing economies are indeed in Africa, such as Angola and Mozambique, which are growing at an extractive-powered rate of knots.
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Tanzania EITI concerned about low tax receipts from mining

"Tanzania benefits little from its abundant resources, says TEITI Chair.

Tanzania EITI blames poor contracts from the 1990s for low tax revenue from gold mining.

Tanzania EITI (Extractive Industries Transparency Initiative) is the national branch of the global standard promoting openness about revenues from natural resources.

The countrys third EITI Report published last week revealed that the governments revenue from gas and mining was US $330 million in 2010/11, up 19% from the previous year.

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Southern Africa media forum on extractive industries

This project seeks to strengthen mass media in southern Africa and increase their coverage of topical issues relating to extractive industries in the region. In this endeavour, the project intends to use innovative media training, coaching and networking to improve the understanding and investigative skills of journalists working in mass media in the region in the field of extractive industries.

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