Government Urges Compliance with New Local Content Law at 2025 Mining Awards Gala Mines Minister Paul Kabuswe has called on mining companies to fully comply with the newly signed Statutory Instrument (SI) on local content, warning that failure to do so will attract punitive action from the government. Speaking at the 2025 Mining Awards Gala Dinner in Ndola, Mr. Kabuswe emphasized the importance of suppliers and contractors delivering quality goods on time to benefit from the SI. He described the
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The good, the bad and the ugly of draft local content law
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As Guyana seeks to find ways of ensuring that more locals benefit from the nascent oil and gas sector, the country has a Local Content law in place which sets that delicate balance between foreign companies’ operations and investing in and using local goods and services. Because there were mixed views on that law within the Caribbean Community (CARICOM) last year, the bloc is exploring how any country’s local content provisions, be it laws or policies, can be supported within the region in keepi
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Stakeholders Applaud Local Content Law as Game-Changer for Zambian Mining Sector By Ruth Chayinda Various stakeholders have commended the Government for signing the Local Content Statutory Instrument (SI), aimed at enhancing Zambian participation across the mining value chain. ZCCM-IH Board Chairperson Phesto Musonda described the move as timely, noting that as the mining sector stabilizes and grows, it must also promote local entrepreneurship and inclusion within the supply chain. He emphasized
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The Local Content Secretariat has invested over $314M to boost procurement opportunities for Guyanese companies, ensuring they meet oil and gas sector demands under Local Content law. | BIG SMITH News WATCH
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In Guyana’s Local Content law, business opportunities have been carved out specifically for Guyanese but Head of the Local Content Secretariat, Dr. Martin Pertab says the regulatory body is exploring how it can carve out opportunities for Guyanese women specifically. Pertab, at a recent event, noted that all Guyanese companies are placed on a “level playing field” when seeking to provide services in the 40 areas carved out for Guyanese. | News Room
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Per Guyana’s Local Content law, Guyanese are given preferential access to opportunities in the nascent oil and gas sector in some clearly defined areas. Those opportunities are carved out for Guyanese and companies with Guyanese majority-ownership. However, some challenges have emerged. Fronting is one such issue. This refers to the listing of nationals (that is, Guyanese) as those in top management and ownership without their real participation and ownership. Guyana’s Local Content Secretariat
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