A friend of mine has been requested to advise a minerals economy on Local Content policy and he asked for my views. Here is my response. I am afraid my views on the Local Content policy are not very encouraging. In Sierra Leone, the law applies to all sectors – good. For the mining sector […]
Priorities for mineral-led industrialisation in Rwanda
In Brief: •Rwandan officials outside the mining sector need to become more actively involved with the new Mining Policy for its effective implementation. • Minerals based industrialisation may not necessarily follow the pathways defined so far by the African Mining Vision (AMV, 2009) but still achieve its wider goals. • A full diagnosis of the […]
A silver lining?
A silver lining? Impact of Commodity Price Fall on Good Governance in Sierra Leone was just posted by the World Bank Institute’s Governance for Extractive Industries Program (GOXI) written in collaboration with Nicolas Maennling and Lisa Sachs. From 2002 to 2013, resource-rich countries in Africa enjoyed the benefits of a commodity boom, using increased revenues […]
The Miracle That Became a Debacle: Iron Ore in Sierra Leone
Outstanding and explosive piece by David Mihalyi on revenue management posted on the Natural Resource Management Institute blog. Mihalyi writes about the “deep turmoil” resource-rich, developing countries are experiencing due to low commodity prices: The impact of the price fall on the plans of all of these countries is daunting, and their governments face steep challenges in […]
Round Table on Managing Natural Resources
Just got back from a presentation to the Round Table on Managing Natural Resources organized by the Belgian Mission to the UN in New York for some Missions and selected UN officials. My message: (a) preaching to Governments in fragile states to implement good NRM policies is not good enough, we must empower the people […]
Do Local Content Policies capture increased value from the mining industry?
Is the current Local Content Policy (LCP) the answer for our iron ore industry? The idea of increasing local content for extractives and other natural resource products exported from a developing country has its roots in the 1960s and 70s when developing countries were mainly integrated into global markets through the exports of raw materials […]