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Namibian people will not benefit fron uranium mining

What does all this uranium rush mean to the average Namibian?
If the overall socio-economic impact of the Namibian diamond industry is anything to go by, the upsurge in activity in the local uranium industry is likely to be an economic non-event for the majority of the citizens as no significant economic gains and individual development is to be expected..

Uranium: the future of Namibia mining, but who is benefiting?  Informante, by Mathew Nyaungwa , 17 June 2010 “….it is not surprising at all that there has been a strong appetite for uranium…..Mining and Energy commissioner Erasmus Shivolo recently noted that Namibia was developing one of southern Africa’s most dynamic minerals industries and that the country was set to become the world’s third largest uranium producer by 2015 with a projected output of about £52m (N$584.4m).
Shivolo said that there has been an upsurge in the number of mines and foreign investors in the country that now has about 62 mining operations from 20 in 1990…………However, the question is: What does all this uranium rush mean to the average Namibian?
If the overall socio-economic impact of the Namibian diamond industry is anything to go by, the upsurge in activity in the local uranium industry is likely to be an economic non-event for the majority of the citizens as no significant economic gains and individual development is to be expected………..Despite being aware of the declining inland diamond reserves and everything pointing towards offshore diamond mining, it is sad that the Government of Namibia has not really taken a pro-active approach by positioning itself in this sector to ensure benefits to the economy and society at large. – Investigative Africa

June 18, 2010 - Posted by | Namibia, politics | , , , , ,

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