Tag Archives: gold

Birmingham, UK | THE INDEPENDENT | Long distance runner Victor Kiplangat has won Uganda a first medal at the ongoing Commonwealth Games with victory in the men’s marathon in Birmingham. He becomes the first Ugandan to win gold in the 42 kilometers race at a Commonwealth Games. Fresh from winning the Belgian-half …

Brussels, Belgium | Xinhua | The European Commission on Friday adopted a proposal for a seventh package of measures that will ban the importation of Russian gold. The proposal is part of a new set of measures that are intended to improve the implementation and effectiveness of the EU’s six earlier …

Dar es Salaam, Tanzania | XINHUA |  Eight traders have been arrested in Tanzania’s northwestern region of Geita in connection with smuggling out of the country an unspecified amount of gold, an official said on Sunday. Doto Biteko, the Minister for Minerals, announced the arrest of the eight traders in …

Kampala, Uganda | THE INDEPENDENT | A Uganda People’s Defense Forces soldier has been remanded to Makindye military police barracks on charges of robbing 100 million shillings from Shafik Bukenya, a businessman dealing in gold. Lance Corporal Eric Tumwine Bizimungu, also known as John attached to the 3rd Battalion was on …

Targeting of top officials by U.S. puts country in diplomatic minefield Kampala, Uganda | IAN KATUSIIME | For the fourth year in a row, the Uganda government has been on the receiving end of sanctions from the United States which accuses it of overseeing deteriorating human rights in the country. …

Kampala, Uganda | THE INDEPENDENT | Belgian gold refiner Alain Goetz has said that sanctions that were imposed against him by the US Department of the Treasury’s Office of Foreign Assets Control over his alleged involvements in the gold trade in the Democratic Republic of Congo (DRC) were based on …

Kassanda, Uganda | THE INDEPENDENT | More than 30,000 artisanal and small-scale miners, pit owners, mineral processors, and dealers have accepted to voluntarily vacate Kisita mines in Kassanda district. President Yoweri Museveni issued a directive in May this year, giving a grace period of six months to miners under Kitumbi Small …

  Busia, Uganda | THE INDEPENDENT | Chinese firm Wagagai gold mining company limited has embarked on the construction of a gold refinery in Busia district. Valued at $200M, the gold refinery will seat on 300 acres of land covering Alupe, Akipenet, Amagoro and Amonikakine villages in Buteba Sub-county. Speaking …

Kampala, Uganda | THE INDEPENDENT | Government has started engaging owners of gold companies so as to reach an understanding over the new taxes imposed on gold. This is after the Ministry of finance reported that the country lost over 470 billion Shillings in taxes on the exportation of gold due …

Kabul, Afghanistan | Xinhua | The Taliban have handed over about 12.3 million U.S. dollars cash and some gold to Da Afghanistan Bank (DAB), the country’s central bank, a bank statement said on Thursday. The cash and gold bars found in the houses of former administration’s officials and local offices of former …