Tag Archives: gold

Kampala, Uganda | THE INDEPENDENT | Companies and individuals importing gold for refining in Uganda and re-exportation must classify its origin in an effort to stop the trade in conflict minerals. According to the Central Bank, the order is one of the efforts to understand the source of the country’s …

  Entebbe, Uganda | THE INDEPENDENT | There has been an increased deployment of soldiers and Police officers at the Africa Gold Refinery (AGR) in Entebbe. The deployment that started on Wednesday evening as a result of a long standoff between the operators of the refinery on the acquisition of …

Bangui, Central African Republic | AFP | “When I decided to come back, my friends took me for a fool,” recounts Clement Ndotizo, who spent a decade in France before returning to settle in his native Central African Republic, one of the world’s least-developed and most dangerous countries. But a “fool”, …

London, United Kingdom | AFP | Central banks have bought the most gold in nearly 50 years as the precious metal profits from its  safehaven status, the World Gold Council said Thursday, amid trade tensions and Brexit uncertainty. The banks added 651.5 tonnes to official gold reserves in 2018, up 74 …

Nairobi, Kenya | AFP | Tanzanian President John Magufuli on Wednesday ordered the central bank to create a gold reserve, as he urged the government to better control mineral exports from the country, Africa’s fourth largest gold producer. “We should start buying gold, the central bank must invest in this. …

Abidjan, Ivory Coast | AFP | Mining companies have invested at least $5 billion towards gold exploration in West Africa in the last decade but significant reserves are under-exploited, mineral industry experts said on Tuesday. Delegates at the Ecomof mining and petroleum forum in the Ivory Coast commercial capital Abidjan …

Why Africa Gold Refinery is unhappy with URA’s licensing of new refineries Kampala, Uganda | JULIUS BUSINGE | Executives at the East Africa’s largest refinery, Africa Gold Refinery are nervous about the future of the country’s precious industry. The firm’s Chief Executive Officer, Alain Goetz, said during the 2018 Mineral Wealth …

Moroto, Uganda | URN | More than 1000 children in the mining sites of Moroto district are at risk of developing chronic health complications unless proper measures are put in place to stop child labor at mining sites. A report from a study conducted by Platform for Labor Action in …

Kampala, Uganda | THE INDEPENDENT | Mothers who can’t wait to hold their babies until they are actually born can now fulfill their greatest dream with the help of 3D-printed, life-size models of their unborn children based on ultrasound imagery. Embryo 3D is not the world’s first company to offer parents …

Kampala, Uganda | THE INDEPENDENT | Up to 50 universities in the UK are to be part of a pilot scheme to rank their teaching quality and value of degrees they award. In other words, which degrees make a student rich and the ones that don’t. Universities Minister Sam Gyimah …