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Foreign Companies Smiling All The Way To The Bank On Jamaica’s...

AFRICANGLOBE - There’s nothing new-fangled about bauxite mining in Jamaica. The Jamaican bauxite and alumina industry has a rich history in the world of commodities. It even played a cameo in the James Bond film “Dr. No,” whose island lair was filmed at a Jamaican bauxite terminal. In the 1960s and early 1970s, the island was the world’s largest bauxite producer and one of the top makers of alumina.

Botswana Economy Lifts Marginally

AFRICANGLOBE - Botswana’s economy lifted 1.1 percent quarter-on-quarter in the third quarter of 2012, it was announced on Thursday. According to the Central Statistics Office showed that this is after rising by a revised 0.3 percent in the second quarter.

Jacob Zuma Re-Elected as Head Of the ANC

South African President Jacob Zuma easily won re-election yesterday to be the leader of the African National Congress at the ANC’s five-day conference in Mangaung.

Israel’s Oligarchs in Africa Face New Probes

Israel's mining magnates have invested huge sums in African projects, and officials say that construction, pharmaceutical and agriculture companies will not be far behind. The...

South Africa: Economic Shock A Result of Bad Labour Relations, Inequality

The South African economy has recently taken a major blow due to a much-reported epidemic of labour disputes in the mining industry. Approximately 50,000...

South African Miners Shot Dead by Security

Mine security guards shot and killed two striking coal miners in KwaZulu-Natal on Wednesday, amid continuing tensions and clashes in South Africa’s mining sector. The...

Indian Firm to Invest $2 Billion In West African Iron-Ore Project

Jindal Steel & Power Ltd. is considering entering into an iron-ore plant acquisition deal of up to $2 billion in West Africa, in order...

Angola Has Huge Amounts of Mineral Wealth – Official

Angola's subsoil offers a wide variety of minerals, such as precious metals (gold and platinoid), basic (iron, copper, chromium, nickel), industrial (phosphates, limestone and...

Time to Improve Govts’ Role in Africa’s Extractive Industry

The rise in commodities prices over the past decade (referred to by some economists as the 'commodities super-cycle') has led to a renewed debate...

Apartheid Did Not Die; It Is Hidden By An Illusion

AFRICANGLOBE - The murder of 34 miners by the South African police, most of them shot in the back, puts paid to the illusion of post-apartheid democracy and illuminates the new worldwide apartheid of which South Africa is both an historic and contemporary model. In 1894, long before the infamous Afrikaans word foretold “separate development” for the majority people of South Africa, an Englishman, Cecil John Rhodes, oversaw the Glen Grey Act in what was then the Cape Colony. This was designed to force Blacks from agriculture into an army of cheap labour, principally for the mining of newly discovered gold and other precious minerals. As a result of this social Darwinism, Rhodes’ own De Beers company quickly developed into a world monopoly, making him fabulously rich. In keeping with liberalism in Britain and the United States, he was celebrated as a philanthropist supporting high-minded causes.

Unions Failing to Properly Represent South African Workers

The National Union of Mineworkers has a rich history, from ending the job reservation system to producing South African leaders. But it's been dealt...

Strikes Crippling South Africa, Creating Shortages

A strike that began in the platinum and gold mines of South Africa has spread across the economy to other South African industries, such...

South Africa: Strikes Spreading Manufacturing Sector Now Affected

South Africa’s economy continues to be tormented, as strikes spread to other sectors – Kumba Iron Ore and Toyota being the latest victims of...

Guyana Investigating Police Massacre of Black Guyanese

In a case with remarkable parallels to the mining massacre that killed 34 in South Africa in August, the South American nation of Guyana...

Billionaire Patrice Motsepe Remains South Africa’s Richest Man?

South Africa’s 20 richest people have increased their cumulative wealth by 8 percent over the past year, the Sunday Times’ annual Rich List has...

Political and Historical Issues in the South African Miners Revolt

The August 16 massacre of 34 striking miners at the Lonmin platinum mine in Marikana and the spreading confrontation between miners and the Jacob...