Management of mineral wealth

A country’s mineral wealth management should not only involve moving the profits from the hands of foreign investors into the hands of a chosen few black investors. That is why BEE failed in the first place.

Any change in financial policies, relating to mineral wealth, should:

• Encourage global participation,
• Improve the economy and
• Pour the bulk of the mineral-wealth profit into building a strong social welfare system that can create employment and better lifestyles for all locally born citizens of a region.

No one country can be expected to feed and house the whole of Africa, but local resources of all African countries should translate to:

• A better lifestyle for the local population,
• Preservation of the African heritage and
• The protection of the local Animal population.

Africa is a rich continent and its most valuable assets do not lie underground but is:

• The diversity of life forms;
• Unique vegetation;
• Diversity of people and cultures;

That makes Africa the last paradise on earth.