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 …
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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. …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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The Independent Uganda: You get the Truth we Pay the Price