Tag Archives: gold

  President snubs IGG, DPP, and Financial Crimes Unit Kampala, Uganda | HAGGAI MATSIKO | Sub-Saharan Africa’s second biggest gold refinery, the Uganda-based African Gold Refinery (AGR) deals in big money – with its volumes of exports, according to informed sources, valued at over Shs. 2 trillion over the last …

Auditor General Presents 2016/17 Audit Report to Parliament  Kampala, Uganda | THE INDEPENDENT | A worrying trend of financial indiscipline in some government departments resulting in massive corruption, excessive and unaccounted-for spending are the hallmarks of an audit report by the Auditor General. The report presented to the Speaker of Parliament …

  Kampala, Uganda | THE INDEPENDENT | The top stories in this week’s THE INDEPENDENT. COVER STORY Museveni defends ‘fake’ gold dealer: President snubs IGG, DPP, and Financial Crimes Unit. THE LAST WORD Uganda’s (Africa’s) paradox: Why youth unemployment and urban poverty is a sign of progress. NEW YEAR PREVIEW …

Conakry, Guinea | AFP | Several people were killed in clashes between gold miners on the Mali-Guinea border this week, Guinean and Malian officials said Wednesday. Despite having areas rich in gold, both Guinea and Mali are among the world’s poorest countries, with many miners going it alone or in …

Belgian in alleged US$1bn scam Kampala, Uganda | HAGGAI MATSIKO | President Yoweri Museveni commissioned it on Feb.20 amidst pomp and celebration, but just nine months later African Gold Refinery (AGR) has run into big trouble. Its Belgian owner, Alain Goetz, has been uncovered as a dealer in so-called “conflict or blood …

Kampala, Uganda |GODFREY SSALI | Members of Parliament from Mubende District have accused the NRM led government of taking the people for granted over illegal evictions. The group of four out of the seven area MPs led by Bukuya MP Dr. Micheal Bukenya said that they have mobilized 150 MPs who …

Accra, Ghana | AFP | Ghana has long been known for its bountiful gold reserves and was called “the Gold Coast” during its colonial era. But illegal mining in Africa’s second largest producer is taking a heavy human as well as environmental and economic toll with more than $2 billion lost …

Mercury: Slow killer in Uganda’s gold mines Kampala, Uganda | RONALD MUSOKE |   Inside one of the dozens of gold camps that dot the foothills and valleys of Mubende in central Uganda, the hustle and bustle is astounding. “Saigon City” nestled in the valley of Kayonza; Kitumbi Sub-County is one such camp. …

Tanzania minister sacked: Wednesday’s report found that companies exporting raw mineral sands understated the nature and quantity of precious metals in their containers and so avoided paying taxes Dar es Salaam, Tanzania | AFP |  President John Magufuli fired Tanzania’s mines minister on Wednesday after a government report found minerals exports …

Museveni pushes for home-based value addition on Africa’s minerals – they belong to country Bahir Dar, Ethiopia | THE INDEPENDENT | President Yoweri Museveni has urged African leaders to stop what he described as ideological meandering. Leaders, he said, should thoroughly discuss and distill positions which can help their people …