More than half of the copper mines in Zambia, Africa’s second-biggest producer of the metal, will probably be unprofitable next year with thousands of jobs on the line, as the nation raises taxes for operators, the country’s biggest industry lobby group said.
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Zambia’s planned mining royalty increases could lead to more than 21 000 job losses and operators cutting $500-million in capital spending over the next three years, an industry lobby group said.
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Around 1,000 Mozambicans are facing imminent expulsion from South African platinum mines, for using South African ID documents, according to Mozambique’s labour ministry – which said another 800 have recently been made redundant due to a crisis in SA’s mining sector.
Read MoreHARARE — Zimbabwe’s state-owned electricity distributor has given businesses, including mines and large-scale farms, six months to clear their bills or risk being cut off and face litigation, the company said on Monday.
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