Acacia Mining Slumps Into Losses as Export Ban Hits on Earnings

[East African] Gold producer Acacia Mining has registered net loss of $707 million for the year ending December 31, 2017, on the back of a hefty charge on the value of its main assets in Tanzania.

[East African] Gold producer Acacia Mining has registered net loss of $707 million for the year ending December 31, 2017, on the back of a hefty charge on the value of its main assets in Tanzania.

source: AllAfrica News: Tanzania

Vested Interests Could Stifle U.S. Arms Embargo

[East African] The US government’s hope on Uganda, Kenya, Ethiopia and Sudan to lead the way in enforcing an arms embargo against South Sudan will be tested by deeply rooted vested interests in the region.

[East African] The US government's hope on Uganda, Kenya, Ethiopia and Sudan to lead the way in enforcing an arms embargo against South Sudan will be tested by deeply rooted vested interests in the region.

source: AllAfrica News: South Sudan

SIU Confirms Hlaudi Motsoeneng Owes the SABC Over R21 Million

[DA] The Special Investigative Unit (SIU) has today confirmed that it has issued a summons against the disgraced former SABC COO, Hlaudi Motsoeneng, for more than R21 million he owes the SABC.

[DA] The Special Investigative Unit (SIU) has today confirmed that it has issued a summons against the disgraced former SABC COO, Hlaudi Motsoeneng, for more than R21 million he owes the SABC.

source: AllAfrica News: South Africa

Another Worker Dies At a Sibanye-Stillwater Mine

[News24Wire] A mineworker died after he was crushed by a box of gold ore at Sibanye-Stillwater’s Masakhane shaft, at its Driefontein Operations outside of Carletonville, the Association of Mineworkers and Construction Union (AMCU) said on Tuesday.

[News24Wire] A mineworker died after he was crushed by a box of gold ore at Sibanye-Stillwater's Masakhane shaft, at its Driefontein Operations outside of Carletonville, the Association of Mineworkers and Construction Union (AMCU) said on Tuesday.

source: AllAfrica News: South Africa

Rwanda GDP to Drop Over Mixed Growth

[East African] Rwanda has projected a GDP growth of 5.2 per cent, compared with 5.9 per cent in 2016, despite a positive economic outlook in the last quarter of 2017.

[East African] Rwanda has projected a GDP growth of 5.2 per cent, compared with 5.9 per cent in 2016, despite a positive economic outlook in the last quarter of 2017.

source: AllAfrica News: Rwanda

Nigeria’s Kehinde Wiley Paints Obama’s Official Portrait

[Premium Times] The official portrait of former American President Barack Obama painted by a Nigerian, Kehinde Wiley, was unveiled on Monday at the Smithsonian National Portrait Gallery.

[Premium Times] The official portrait of former American President Barack Obama painted by a Nigerian, Kehinde Wiley, was unveiled on Monday at the Smithsonian National Portrait Gallery.

source: AllAfrica News: Nigeria