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OPINION: Regional economic communities vital lessons for Contine

RECs Experience Provides Vital Lessons for Faster Implementation of the Continental FTA By Francis Mangeni LUSAKA, Zambia–The presidents of Africa will meet in Kigali Rwanda on 21 March 2018, hosted by President Paul Kagame, in an extra-ordinary Summit, to sign the framework Agreement establishing the African Continental Free Trade Area (CFTA). This follows protracted negotiations […]

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CSOs can help you fight corruption gov’t told

KAMPALA, Uganda–The vice president for Ford Foundation in charge Eastern Africa, Martin Abregu has asked the government of Uganda to create conducive working environment for Civil Society Organizations (CSO,s) in the country. He noted that good working relationship between government and the civil societies can help government in the fight against corruption which is a […]

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Tanzania to cancel 100 mining licenses

MWANZA, Tanzania—Some 102 mineral rights licenses are to be cancelled after the 30-day grace period given by government recently expired. The Minister for Energy and Minerals Prof Sospeter Muhongo told East African Business Week, the relevant rights would be cancelled and repossessed by the government then probably awarded to small-scale miners. This decision is in conformity […]

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Despite loss Barrick sticks with Tanzania

DAR ES SALAAM, African Barrick Gold (ABG) suffered a loss of $110 million (about Tsh179 billion) last year.  This is despite creating  65,000 jobs in Tanzania with an investment of over $2 billion (over Tsh3trillion) in Tanzania economy.  ABG is currently the largest gold producer in Tanzania with three operational gold mines that includes Bulyanhulu, […]

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Uganda signs agreement for the development of the Oil Refinery

KAMPALA, The Uganda Government has, through the Ministry of Energy and Mineral Development together with the Uganda National Oil Company, today entered into the Project Framework Agreement (PFA) the with Albertine Graben Refinery Consortium(AGRC) for the development of the oil refinery. Government of Uganda selected the Albertine Graben Refinery Consortium to negotiate the Project Framework […]