Local dynamics exacerbate Africa copper sector woes

Subject Outlook for the copper sector in sub-Saharan Africa. Significance Africa's copper production is forecast to be marginally lower in 2016 at 1.823 million tonnes, compared to 1.895 million tonnes in 2015. This is due to production cutbacks implemented in the face of continued weakness in international -- especially Chinese -- demand. A slight rise in prices earlier in the year was not sustained, dampening the economic prospects for major exporting countries. Impacts The deaths of several miners at a Glencore mine in Zambia may push the government to enforce tougher safety requirements. Miners are unlikely to restore all the jobs shed during the current slump, extending the region's unemployment problem. Divisions within the Congolese opposition on whether to negotiate with Kabila on the delayed polls will exacerbate political tensions.