JOHANNESBURG (miningweekly.com) – Sub-Saharan Africa’s mining sector will remain the riskiest in the world over the coming quarters as regulatory uncertainty rises in various markets across the region, says BMI Research.
In addition to increasing regulatory uncertainty, the region will also witness challenges stemming from underdeveloped infrastructure and small mining sectors.
However, BMI on Wednesday pointed out that the region will also receive greater investor attention owing to low labour costs, strong mining sector value growth and a solid competitive landscape.
Botswana will most likely continue as the region’s best performing country, followed by Ghana and South Africa, as a result of low country risk profiles and an above average business environment.
In BMI’s index report on its outlook for the African mining sector, it notes that sub-Saharan Africa’s mining sector will continue to be plagued by rising regulatory uncertainty as rising mineral prices will prompt local governments to demand larger shares of mineral resource wealth.
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