Vol 6 (AAC) No 5 | ZAMBIACHINA Compensation for smelter pollution 7th March 2013 According to a mining industry expert, much has changed since the September 2011 election of President Michael Sata and the Patriotic Front government. ‘Under the MMD [Movement for...
Vol 6 (AAC) No 5 | BOTSWANACHINA Khama talks tough 7th March 2013 Chinese construction companies may lose out on future government contracts after problems at the Morupule B power plant In the last few years, Chinese builders have won contracts for more than 18 government-funded infrastructure projects for roads, stadiums‚ schools‚ hospitals‚ airports and public b...
Vol 6 (AAC) No 5 | BOTSWANACHINA Murky glass houses 7th March 2013 President Ian Khama has been slow to stamp out shadowy deals between Chinese investors and government institutions, in particular the murky business of the 500 million pula (US$62 ...
Vol 6 (AAC) No 5 | CHINAUNITED STATESAFRICA Chinese investment reality check 7th March 2013 The United States Government Accountability Office released a detailed report last month, which reveals the different impacts of its African strategies and those of China. Interest...
Vol 6 (AAC) No 5 | CHINAAFRICA Private companies under the radar 7th March 2013 Official Chinese statistics vastly underestimate the number and value of private Chinese investments in Africa, according to a recent World Bank report. Private Chinese Investment ...
Vol 6 (AAC) No 5 | CONGO-KINSHASACHINA Gécamines looks for Chinese funds 7th March 2013 Sticking to the plan that he set out on taking the helm at Gécamines in 2011, Chief Executive Officer Albert Yuma Mulimbi travelled to China in February to seek financial support f...
Vol 6 (AAC) No 5 | NAMIBIACHINA Red carpets and yellow cake 7th March 2013 Uranium-rich Namibia is still rolling out the red carpet for Chinese mining and exploration firms. Back in January, it was announced that Zhonghe Resources (Namibia) Development ha...
Vol 6 (AAC) No 5 | INDONESIA Susilo Bambang Yudhoyono 7th March 2013 President of Indonesia President Susilo Bambang Yudhoyono (SBY) was on a mission to strengthen trade and diplomatic ties in late January and early February. His eight-day tour took in Liberia, Nigeria an...
Vol 6 (AAC) No 5 | SOUTH KOREA Lee Suk-chae 7th March 2013 CEO, KT Corp, South Korea In early February, Lee Suk-chae, Chief Executive of South Korean telecommunications firm KT (formerly Korea Telecom), indicated that he would be bidding for the 53% stake in Maroc ...
Vol 6 (AAC) No 5 | INDIA Prasun Kumar Mukherjee 7th March 2013 Managing Director, Sesa Goa, India Prasun Kumar Mukherjee, Managing Director of Sesa Goa, India’s largest private iron-ore exporter, has announced that his firm will invest US$2.6 billion in the development of three...