Despite fierce opposition from international mining companies, the DRC has signed into law regulations to implement the country’s new Mining Code, which introduces several major fiscal and regulatory reforms. Pursuing a high risk, high reward paradigm, these reforms will have a serious impact on the DRC’s already weak investment environment.
In May 2018, President Buhari signed a law reducing the age of candidacy for several political positions, including the presidency. Ostensibly aimed at opening up Nigeria’s democratic space for increased youth participation, the timing of the laws’ introduction may serve to benefit Buhari himself more than the country’s younger generation.
Despite a marked increase in judicial autonomy over the past several decades, the Tanzania judiciary remains subject to external manipulation and executive influence. Low salaries and a lack of resources further encourages corruption and rent-seeking behaviour, leading to an erosion of public confidence in this institution.
As Nigeria’s President Muhammadu Buhari’s anti-corruption efforts continue to stall, concerns are increasing that his war against corruption has been reduced to a thinly veiled excuse to target members of the political opposition. To maintain the credibility of his public stance against corruption, Buhari cannot afford to spare corruption within his own administration.
In a matter of weeks, the introduction of three new laws has completely changed the legal and regulatory landscape of Tanzania’s extractives industry, risking the country’s reputation as one of Africa’s most attractive investment destinations. As Acacia has discovered, this emerging environment is not a welcome one.
The newly established Somali-Turkish relations is providing Erdoğan and his inner circle with a source of lucrative returns, which could soon be increased.
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Although Ghana possesses many of the attributes of a successful state, it still faces various governance issues. Most significantly, political and legal have been manipulated by some members of the elite to retain and protect their respective political and economic status.
Following the ratification of the 2015 Cybercrimes Act, some of Nigeria’s political and economic elite have relied on its provision to silence critics.
In an effort to silence anti-government sentiment, the Kabila administration has used physical and legislative repression in an attempt to retain its position.
In March 2016, Zimbabwe announced its decision to rigorously impose its indigenisation law; news that sent shockwaves through the Chinese investment community.
On 7th October 2016, the Department of State Services (DSS) announced that it had carried out raids on the homes of a number of prominent judicial officials, seven of whom were arrested.
The Kinshasa government has announced that it plans to publish all of its large-scale agricultural contracts in an effort to increase transparency over land deals.
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