This proactive approach by the Tanzanian government reflects a fundamental truth: governments are in the business of enabling businesses. By facilitating growth and investment in sectors like mining, the government can use the resulting income for social good, mirroring strategies successful businesses employ. This is a great example of how synergy between the government and the private sector can lead to substantial, on-the-ground results, much like how a well-run business operates. It's about creating opportunities, fostering growth, and ensuring that benefits reach every layer of society. Tanzania's participation in the Mining Indaba is a great step into a global forum; Tanzania has a bright future ☀️ Let's discuss: How can other sectors learn from this model of government-private sector collaboration? What are your thoughts on the potential impacts of such initiatives on the Tanzanian economy and beyond? #Tanzania #Investment
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🌍✨ Exciting strides are being made by the Rwanda Mining Association! Their mission to maximize Rwanda's mining sector potential is well underway, and they are proud to share some key achievements: 🔍 Advocacy in Action: The RMA has engaged in meaningful discussions on tax laws, ensuring their members' voices are heard. 🤝 Collaborative Efforts: Meetings with MINECOFIN, RRA, and Parliament have allowed them to tackle sector challenges head-on and advocate for favorable policies. 🌟 Investment Opportunities: They are partnering with international delegations to showcase Rwanda's mining potential, driving sustainable growth. Together, the RMA is transforming the economic landscape of Rwanda through responsible mining! 🚀💎 For more info, check the link in bio. #RwandaMining #SustainableGrowth #AdvocacyInAction
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Financial Insight Zambia, Founder, Mwelwa Kenneth Chibesakunda MBA, had the privilege to get more insights from the PwC Zambia Third Edition of the Mining Report, from the Country Head, Mr. Andrew Chibuye, who noted that the report is a build up focusing on some big issues and what people need to know, which begins with the acknowledgement that mining is the biggest part of the economy and affects the whole economy. Despite the decline in contribution to GDP with things such as taxes, and export earnings, the level of investment in the mining sector has increased exponentially in the last two or three years, which tells us that there's a lot of potential going forward, and not just in copper production but other minerals too. Overall, PwC looks at the performance of the sector as a whole and what it's contributing to the economy, and some recovery has been noted in 2024 as compared to the previous year. #PwCZambia #MiningSector #SideChatInterview #ThirdEdition #Get2Know
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🌟Zambia Business and Economic Spotlight🇿🇲 Today's updates are all about growth and innovation across key sectors in Zambia! 1. Mining Sector Expansion: We're thrilled to announce a major $20 million investment by African Fluorite Mining Limited in Siavonga District. This new project aims to expand local mining capabilities and stimulate economic growth in the area. 2. Economic Revitalization: ZANACO Bank PLC is optimistic about the revival of major copper mines, including Mopani and Konkola. These efforts are expected to breathe new life into the Copperbelt Province, enhancing economic activity and employment opportunities. 3. Agricultural Development: Big news for our agriculture sector as well! A whopping $845 million is being invested in a new fertilizer manufacturing plant in Siavonga, promising to boost agricultural productivity and support our local farmers. 4. Ongoing Debt Management: Zambia continues to work on restructuring its national debt, aiming for economic stability and sustainable growth. #ZambiaEconomy #MiningInvestment #AgriculturalDevelopment #EconomicGrowth
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Never a dull a moment with Ambassador Chifamba who is the Zimbabwean Ambassador to the USA. We both agree that Zimbabwe has a few challenges but generally the nation is heading in the right direction. One just has to look at the rate of development across the country from real estate development, hospitality industries, mining and service delivery in mining and manufacturing just to name a few that stand out. we discussed the endless investment opportunities and how we can attract further FDI and diaspora investments #Zimbabwe #OpenForBusiness #Vision2030 #UpperMiddleClassEconomy
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💰💎 African banks have a crucial role to play in supporting the mining industry on the continent! Despite its vast mineral reserves, Africa receives only a fraction of global investment in this sector 🔍🌍. Local banks must take risks and finance projects in order to stimulate Africa's economic development. 💪✨ #Africa #Mining #EconomicDevelopment #Investments 🍬🌿 Tanzania Seeks to Solve Sugar Shortage by Approving the Import of 100,000 Tonnes! In addition to this, the country also has plans to increase local production to meet the growing demand 📈🌾. Good news for sugar consumers and producers in Tanzania 🙌🍭 #Tanzania #SugarShortage #LocalProduction #Importation What do you think ? Share your opinion in the comments! 👇🗨️ #EconomicDevelopment #Africa #Tanzania
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📈 Big News for Zambia's Economy! 📈 Recent budget updates bring exciting prospects for the mining sector: 💰 11.7 Billion Kwacha Boost: Investment in public services means better infrastructure for mining operations. 🌟 Social Programs: Over 2 billion Kwacha for social benefits ensures a stable and skilled workforce. 🏗️ Infrastructure Development: Nearly 1 billion Kwacha for improved transportation infrastructure, cutting mining costs. 💼 Responsible Financial Management: Commitment to responsible debt management fosters stability. 🔓 Unlocking Economic Potential: Join the Townhall Meeting to explore strategies for economic growth. 🌟 Brighter Future Ahead: With this budget focus, Zambia's mining industry is set for success. Stay informed! Read more: https://lnkd.in/gq29wx39 #ZambiaEconomy #MiningProspects #miningnews #economicdevelopment #zambia
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Botswana, Guinea, Mali—Which country relies the most on mining exports? The answer might surprise you! Is Guinea's gold dependency a double-edged sword for its economy? Can Zambia balance economic growth with sustainability in its mining sector? Botswana, Guinea, and Mali rely heavily on mining exports. Botswana leads with 92% of its exports from diamonds, bringing wealth but raising sustainability questions. Guinea (87%), Mali (85%), and Burkina Faso (84%) depend on gold, posing risks from political instability and governance challenges. "Isn't it risky to rely so heavily on one commodity?" While diversification is crucial, Botswana reinvests diamond revenues in infrastructure and education, aiming for a diversified, sustainable economy. Similarly, Guinea and Mali are improving governance and community engagement. Zambia (79%) and the DRC (77%) rely on copper, essential for global industries. Both nations are investing in local smelting, refining, and strong ESG practices to enhance competitiveness. ~ What steps are these countries taking to diversify and adhere to ESG principles? ~ How will global shifts towards renewable energy impact them? ~ What role will technological advancements play in transforming their mining sectors? Let's discuss: How can mining-dependent countries balance economic benefits with sustainability and ESG practices? #Mining #EconomicDevelopment #Sustainability #ESG #GlobalEconomy #InvestInAfrica #Botswana #Guinea #Mali #Zambia
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African Mining, incorporating Mining Mirror was at the Botswana Country Focus Seminar today held at Forvis Mazars Alumni South Africa Mazars in Johannesburg. The event was powered by by Innovative Entrepreneurs in collaboration with the High Commission of the Republic of Botswana, BITC and Forvis Mazars. Forvis Mazars in Botswana – one of Botswana's largest audit and accounting firms –showcased the role it plays in Botswana's business environment at the seminar. The event also emphasised the thriving opportunities within Botswana's business sector and highlighted Forvis Mazars' expertise, particularly in mining and related sectors, critical to the country's economy. Botswana offers several advantages for South African companies, such as a stable labour environment and ease of foreign exchange and profit repatriation. Forvis Mazars Botswana’s expertise in navigating these advantages and challenges offers crucial advice for businesses aiming to establish a presence in the country. As global standards for sustainability and regulatory compliance evolve, the firm is a key facilitator in helping companies align with international practices. While Botswana is still developing its sustainability framework, Forvis Mazars offers guidance to ensure businesses can adapt and prepare for future regulatory changes. #mininginvestment #botswanamining #ForvisMazars #HighCommissionoftheRepublicofBotswana #
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🌍💎 Exciting insights from the latest data reveal that Namibia continues to play a pivotal role in the global diamond market! With diamonds constituting 61% of our national exports, Namibia stands as a key player in the mining sector, underscoring the importance of this industry to our economy and development. As we navigate the economic landscapes, let’s discuss innovative ways to leverage this reliance for sustainable growth and diversified economic development. What strategies do you think could enhance our nation’s economic resilience while capitalizing on our rich mineral resources? 👇 Share your thoughts below and let’s brainstorm opportunities for a brighter, more robust Namibian economy! #Namibia #MiningIndustry #EconomicDevelopment #DiamondExports #SustainableGrowth
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Former Member of Parliament|| Expert in Strategy, Regional Governance and Social & Economic Development ||Philanthropy|| Fascinated about Leadership, PoliEthic & AI Governance
[WIMTI CLASSES] I am deeply honoured to have been part of the distinguished panel at the Women in Mining Nigeria Masterclass, where we addressed the critical and emotional subject of land use, indigenous people, mining rights, and consent. A heartfelt thank you to Janet Adeyemi and the Women in Mining Nigeria team for providing this platform to share my modest experience alongside such esteemed panelists from Australia and Nigeria, from whom I also learned a great deal. The subject we tackled is vast and complex, requiring innovative and practical solutions. During the session, it became clear that we could not touch on everything, which highlighted the immensity and intricacy of these challenges. This is why these conversations must continue—there is so much more to explore, and solutions must involve creative thinking. One key takeaway is the need to balance laws and policies with traditional and customary laws. A multistakeholder approach is essential—one that promotes mining with a human face and prioritises the wellbeing of vulnerable groups, especially women. At the end of the day, the true measure of success lies in ensuring that communities are better off after the implementation of mining projects. To achieve this, we need sustainable and robust livelihood programs, supported by a sustainability ecosystem built in partnership between the government and mining companies. This should encompass education, health, agriculture, and business development, creating local champions and improving access to both local and regional infrastructure. Congratulations once again to WIM Nigeria for orchestrating such a meaningful and impactful session. I look forward to continuing these important conversations as we work together towards more inclusive and sustainable mining practices. #LandRights #SustainableMining #WomenInMining #InclusiveDevelopment #IndigenousRights #WomenLeadership #MiningInnovation
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Pitchman, I can help you sell it.
9moI completely mirror your thoughts here that "governments are in the business of enabling businesses" The current approach of establishing an arm close relationship with private sector does half of the job by removing roadblocks and frictions which slowdown business and delays our economy. Exponential growth happens when there is mutual understanding and support for both sides to thrive and continuously improve on each challenge arising