Market News
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20 new Rwanda mining licences granted
Posted on :Friday , 30th October 2015
20 new Rwanda mining licences grantedRwanda’s Ministry of Natural Resources has granted 20 mining licences to qualified companies and cooperatives, among 29 approved by the cabinet.
The remaining nine companies which did not make it to new ministerial orders will be awarded their Rwanda mining licences after complying with all the requirements.
The minister o. . .Gold exports reach $3 billion per year
Posted on :Thursday , 29th October 2015
Sudan is one of Africa’s largest gold producers; and a vast resevoir of untapped resources provide further golden opportunities for investors in mining
The secession of South Sudan has proven to be the catalyst Sudan needed to revitalize its economy, the country’s State Minister for Investment Osama Faisal Elsayed Ali states. Since 2011, the country has embarked on a . . .Tanzania: Acacia Mining Swings to the Red in Third Quarter
Posted on :Saturday , 24th October 2015
Tanzania's largest gold miner announced it posted net loss in the third quarter compared with the same period a year ago due to lower output and higher costs.
The gold mining company reported in its financial statement that it made a reported net loss of 13 million US dollars in the three months to September 30 compared with net profit of 28 million US dollars in th. . .Angola: Mining Centres Crucial for Industrialisation - Specialist
Posted on :Saturday , 24th October 2015
Luanda — The creation of the mining development centres as one of Government's options to diversify the economy, represents a basis for the industrialisation of the country.
This was said by specialist José Cerqueira during an interview on the State-run daily paper "Jornal de Angola" published in its Thursday's edition.Rwanda: Government Streamlines Mining Licence Process
Posted on :Saturday , 24th October 2015
Kenya's Java House has 36 coffee houses and restaurants and plans to open outlets across Africa in the next five years to capitalise on rising consumer spending, its chief executive said.
Kevin Ashley, who founded Java's first outlet in Nairobi in 1999, said the company would open in Kigali, Dar es Salaam, Lagos, Accra and Lusaka. For now, the firm's only outlets beyond Kenya are. . .Please Select an Option
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