Local content policies in West Africa's mining sector: Assessment and roadmap to success

Author(s):  
Djeynaba G. Ba ◽  
Jeffrey B. Jacquet
Keyword(s):  
2020 ◽  
pp. 282-303
Author(s):  
Mia Ellis ◽  
Margaret McMillan

Tanzania is rich with natural resources, which have significant potential to contribute to the country’s economic development. Several laws recently passed in Tanzania are dedicated to establishing linkages between foreign firms in natural resource extraction and the local economy. This chapter documents this legislation and the institutions set up to enforce and monitor these laws. Effectiveness of local content legislation and the potential for firms in the mining sector to contribute to local development are then evaluated using a combination of qualitative and quantitative evidence. The chapter next uses existing data to explore trends in local content and the estimate the value of local content in the mining sector; this exercise highlights the need for improved data. We then examine other developing countries’ experiences with local content legislation, drawing lessons for Tanzania.


2017 ◽  
Vol 61 (3) ◽  
pp. 355-372
Author(s):  
Chilenye Nwapi

AbstractFew mining countries face capacity building challenges comparable to Rwanda's. Worsened by the genocide, a 2009 report put the number of mining scientists in Rwanda at 40, fewer than four below the age of 40. The government has however recognized that local skills development is crucial to the potential of mining to contribute to the country's economic development. This has been demonstrated through a series of reforms, culminating in the mining code of 2014. This article considers two issues critical to capacity building in the mining sector: formalization of artisanal and small-scale mining and the promotion of local content / procurement. Its main thesis is that the code provides limited opportunities for local mining capacity building and its local content provisions are rather nervously worded. This is worsened by the fact that Rwanda has no freestanding local content legislation. The article calls for Rwanda to adopt such legislation, with specific provisions on local skills training.


2019 ◽  
Vol 1 (1) ◽  
pp. 1
Author(s):  
Ivan Somantri ◽  
Hadi Ahmad Sukardi

This study aims to determine how to influence simultaneously and partially investment decisions, debt policy and dividend policy on firm value in mining sector companies listed on the Indonesia Stock Exchange for the period 2013-2017. The research method used in this study is descriptive and associative methods. The population in this study were mining sector companies listed on the Indonesia Stock Exchange in the period 2013-2017, which amounted to 43 companies. The sampling technique used in this study is non probability sampling with purposive sampling method, so that the number of samples obtained is 8 companies. While the data analysis used in this study is panel data regression analysis with the fixed effect method. The results of the study show that partially investment decisions and debt policies have a positive effect on firm value. While dividend policy has a negative effect on firm value. In addition, the results of the study simultaneously show that investment decisions, debt policies and dividend policies affect the value of the company. The amount of investment decisions, debt policy and dividend policy in contributing influence to earnings management is 34.14%.


2014 ◽  
Vol 59 (2) ◽  
pp. 395-411 ◽  
Author(s):  
Józef Dubiński ◽  
Marian Turek

Abstract The actual situation of hard coal mining in Poland has been presented. In particular, these factors, which have impact on the competiveness of mining sector were highlighted and need of its improving has been stressed. Outlining present situation of hard coal mining an attention was paid to its specific threats. The primary analytical material is based on the results of questionnaire conducted among 92 specialists and experts from the mining sector. The questions were related to chances and threats for development of hard coal mining in Poland. The factors determining them were grouped in such domains as economy, technology, geology, social and law aspects. Moreover, the special attention was paid to the problem of increasing and high costs of coal production which constitute significant threat for the financial and economic situation of the mining enterprises. Also the adverse influence of these high cost on the competitiveness of Polish hard coal with other world producers and with other energy carriers was emphasized. The conclusions summarize the achieved results of analysis.


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