BCL saga, page-244

Interesting too how Bots keeps getting top class wraps as an investment destination in Africa........http://www.miningweekly.com/article...on-to-remain-riskiest-globally-bmi-2018-04-11




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Mining in sub-Saharan Africa region to remain riskiest globally – BMI


11TH APRIL 2018

BY: SIMONE LIEDTKE
WRITER
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"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 BMIResearch.
In addition to increasing regulatory uncertainty, the region will also witness challenges stemming from underdevelopedinfrastructure 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.

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BMI’s Risk Reward Index (RRI) will, however, continue to favour the relatively stable political and economic environments of South Africa, Ghana and Botswana.
These countries, consequently, score above the regional average at 50, 55.8 and 56 respectively.
Botswana, in particular, will lead BMI’s regional RRI owing to a favourable country risk outlook, topping individual indicators such as short-term political risks (80.3), long-term political risks (77) and short-term economic risk (57.4).
These scores, BMI noted, reflect miners’ continued emphasis on treading carefully and avoiding over-exposure to high-risk environments as they look to improving balance sheets rather than engaging in risky growth ventures.

Have a nice day.