sharing in governance of extractive industries
Change of heart? The original article is available at http://bloom.bg/qh25Bf
Namibia, the world’s biggest miner of offshore diamonds, has withdrawn a proposal to increase the corporate tax rate on mining companies to 44 percent from 37.5 percent, Deputy Finance Minister Calle Schlettwein said.
The government will instead propose a windfall tax when…Continue
Added by GOXI on August 25, 2011 at 11:01 — No Comments
Below is a piece from Daily Nation newspaper about Zimbabwe's indigenization law. The original story is available at http://bit.ly/naw1uU
By Kitsepile Nyathi
Zimbabwe has given…
Added by GOXI on August 25, 2011 at 10:52 — No Comments
Ending the world's deadliest conflict is no easy task, but a growing consensus of Congolese civil society, electronics and metals companies, investors, and governments are now taking action to do so. A chief driver of their work is the Dodd-Frank legislation on conflict minerals, which is why a …Continue
IT’S a long way from the marble halls of Congress to the ailing mining towns of eastern Congo, but the residents of Nyabibwe and Nzibira know exactly what’s to blame for their economic woes.
The “Loi Obama” or Obama Law — as the …Continue
(Reuters) - Madagascar has given French oil major Total a one-year extension of an exploration licence and expanded it to include conventional oil as well as heavy oil, a senior official told Reuters on Thursday.
The license for Block 3102 covers the Bemolanga project in the Morondava basin on the western coast of the Indian Ocean island. Total has a 60 percent interest in the licence, with Madagascar Oil holding the other 40 percent.
"Total Exploration and Production has…Continue
Added by GOXI on August 4, 2011 at 15:31 — No Comments
By Ekow Quandzie
Italian oil explorer, Eni S.P.A says it has discovered hydrocarbon at offshore Ghana at the Gye Nyame 1 well. The well is located Offshore Cape Three Point (OCTP) block 50km offshore Ghana.…Continue
Added by GOXI on August 4, 2011 at 15:26 — No Comments