South Sudan: US Watchdog Sounds Alarm on Mismanaged Mining Sector in South Sudan

Apr 16, 2020 | Ajifowoke Michael Gbenga, Ventures
View Original

Despite boasting of the potential to become a catalyst for major economic growth, South Sudan’s mining sector could, on the contrary, be the next source of conflict in the young country, United States anti-corruption body The Sentry has warned. South Sudan, a country rich in mineral resources (gold, copper, cobalt, zinc, iron, marble, limestone and dolomite), has seen its mining sector develop rapidly in recent years. But the industry, largely unregulated, has been captured by politically-connected locals and foreigners, as well as militia groups, the watchdog says in its latest report released this month. This is in part due to the breakout of war in 2013, after which it became difficult to streamline the sector.