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Saturday, 13 August 2022

AngloGold Invests Over One Billion Dollars In Ghana

 Mr Alberto Calderon, the Global Chief Executive Officer of AngloGold Ashanti Ltd, Wednesday said the company had invested more than one billion dollars in Ghana over the past few years.



He said 86 per cent of the investments were retained with registered partner Ghanaian companies, while 98 per cent of its 4,000 employees were Ghanaians.

President Nana Addo Dankwa Akufo-Addo, 2019, re-opened AngloGold’s Obuasi Mine with an initial investment of US$881 million after its shutdown in 2014.

The revamping of the Obuasi Mine has created employment for the indigenes and boosted the local economy.

Mr Calderon announced this when he paid a courtesy call on Mr George Mireku Duker, a Deputy Minister of Lands and Natural Resources in charge of Mines, in Accra, ahead of his meeting with President Akufo-Addo at the Jubilee House.

He said the Mine would continue to invest in its shareholders and local communities hosting its operations to make a difference in the lives of the people.

“We invest in many countries in the world, from Australia, Americas to Africa and I’ve been to many places, and I can say with certainty that the country that welcomes us the most and gives us support is Ghana,” Mr Calderon stated.

Mr Duker, on his part, gave the assurance that the Government would continue to create an enabling environment for the large-scale mining companies to thrive and ensure a win-win situation.

He said the government’s dealing with the large-scale mining companies would be anchored on transparency and accountability by providing the necessary information to them.

He said AngloGold Ghana remained an integral part of the government’s mining drive and would continue to support it.

“The leadership of your men here are doing so well and they have shown quality and competence in the company’s operations,” Mr Duker said.

Source: GNA

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Kenya Elections 2022: Why The Count Is Taking So Long

 Kenyans still do not know who their next president will be more than 48 hours after polls closed.



Election head Wafula Chebukati has urged people to be patient and not to panic that media houses are releasing differing tallies.
Each organisation is making calculations based on its own manual entry of data from more than 46,000 polling stations.
But it is only the electoral commission that can declare the winner.

The media’s tallies show that the two leading candidates – Raila Odinga and William Ruto – are neck and neck.

“There should be no panic about the differences we are seeing on the media screens. The results are from the same public portal; the approach [of each broadcaster] is different,” Mr Chebukati, the chairperson of the Independent Electoral and Boundaries Commission (IEBC), said.

He said at the end of the tallying the results should look “similar”.

Why is it taking so long?

Teams of journalists working for various outlets are engaged in the laborious task of uploading the figures received from each of the polling stations one-by-one. Each media house is doing it a different speed and choosing the polling stations in a different order.

When it comes to the IEBC, on top of compiling the results, officials need to verify each one – another time-consuming task.

Officials are currently comparing the results the commission received in the form of a photograph from the polling stations with the actual results sheet, which is being hand-delivered to the tallying centre in the capital, Nairobi.
This is to ensure that both results match and a key reason why things are taking so long.

Counting in some polling stations was also delayed and travel to Nairobi, especially by agents from far-flung areas, could be further factors in slowing things down.

How are Kenyans feeling?

There is a sense of anxiety in the country as disputed elections in the past have led to violence or the whole process being cancelled.

Following the 2007 vote, at least 1,200 people were killed and 600,000 fled their homes following claims of a stolen election.

In 2017, huge logistical errors led the Supreme Court to annul the result and order the presidential poll to be re-run. Officials are under pressure to get things right this time.

The country often grinds to a halt during elections, activities across the country have slowed and schools remain closed at least until next week on Monday. In Nairobi’s central business district, the usually busy streets are mostly deserted.

Allegations of election rigging are as old as the country. It was part of politics even before multiparty elections were re-introduced in the 1990s, but the push for free and fair elections has never faltered.

After the violence that followed the 2007 election, political parties and activists argued for the use of technology instead of physical registers, which could be easily manipulated, to verify voters.

This year’s election is the third time technology has been used but it has yet to deliver an election that has not been challenged in the courts.

Early reports, however, suggest that the electoral commission may have finally achieve this elusive goal with this election.

When will we know the result?

At the pace of the counting is ongoing, the local media is likely to finish tallying provisional results before the end of Friday.

If there is a clear leader of the race, celebrations are likely to break out.

However, only the electoral commission can declare a winner after comparing and verifying the results.

The electoral commission has seven days after the election day to declare the result.

To win the presidential race in the first round, a candidate needs:

-more than half of all the votes cast across the country

-at least 25% of the votes cast in a minimum of 24 counties.

Otherwise, voting goes to a second round which by law has to happen by 8 September.

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Zimbabwe To Launch Cheaper Gold Coins

 Zimbabwe’s central bank is to introduce lower denominations of gold coins to allow ordinary people to purchase them, according to the state-owned newspaper The Herald.



Last month, the country introduced gold coins priced at the international market rate for an ounce of gold plus 5% for production costs. An ounce of gold is currently worth about $1,795 (£1,500).

Some 4,475 coins have been sold so far, according to the Herald.

The coins were meant to ease the demand for the US dollar and maintain the value of the local currency after annual inflation topped 256% in July.

The local Zimbabwean dollar exchanged at 108.66 to the US dollar at the beginning of the year, but has tumbled to 481.85 to the dollar in August.

Zimbabwe uses two main currencies, the US and the Zimbabwe dollar, but most people prefer to exchange their local dollars for foreign currency to maintain value.

It has caused a shortage of the US currency and driven exchange rates up.

The central bank says that the smaller denominations of coins worth about $180 each will be released in November.

The coins are available to buy at approved banks and are tradeable locally.

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Friday, 12 August 2022

Buhari Meets Families Of Nigeria Train Attack Victims

 President Muhammadu Buhari has met families of passengers kidnapped during a train attack in late March in northern Nigeria.



It was the first time such a meeting between government officials and families of the hostages has been held.

Mr Buhari said rescue efforts were being complicated by the risk of collateral damage.

“My primary concern is to get everyone released safe and unhurt,” the president said.

“We have received several suggestions about the deployment of lethal military force in extracting those still being held in captivity…However, the condition to guarantee a successful outcome and minimize potential collateral damage could not be assured and therefore that course of action had to be reluctantly discarded.”

Recently relatives of the hostages held protests in the capital, Abuja, to call on the government to rescue their loved ones.

At least 31 passengers are still being held by their abductors, who have threatened to kill them if the government failed to meet their demands.

The abductors have been releasing hostages in batches. On Wednesday, seven hostages were freed – including six members of the same family and an elderly woman.

Those released spoke of horrific experiences and trauma under captivity.

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Five Suspects Arrested In Nigeria Catholic Church Massacre

 Nigeria has arrested five suspects in an Islamist militant attack in a Catholic church that killed 40 people in early June, Chief of Defence Staff General Leo Irabor said on Tuesday.



Nigerian authorities have said they suspect insurgent group Islamic State West Africa Province (ISWAP) carried out the massacre of members of a congregation inside the St Francis Catholic Church in Ondo state on June 5. read more

ISWAP is waging an insurgency in the northeast but claims that it carried out the attack far away from its enclave have raised concern that the group is expanding its footprint in Nigeria.

Irabor said in a statement in Abuja that the attackers were arrested during joint operations involving the armed forces, the Department of Security Services and police. He did not say where and when the arrests were made.

He said he could not parade the suspects due to ongoing investigations.

“I will like to say that in due course, the world will see them and others who are behind other daring attacks in the country,” Irabor said.

Arakunrin Akeredolu, the governor for Ondo state, said a person who had provided accommodation to the suspects before the attack was also arrested.

ISWAP has claimed responsibility for a string of low level attacks as well as daring jail break in Abuja in early July that freed more than 400 inmates.

Source: Reuters

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Married woman who dated 18 men at once arrested for scamming them of $300k

 To fund her lavish lifestyle, a married woman in China reportedly conned almost 20 men into giving her a total of 2 million yuan (approximately $296,256) since 2017.



The 29-year-old woman, surnamed Wu, began luring men into fake marriage agreements in 2017, even allegedly dating 18 men at once, reported Shanghai TV.

Wu would reportedly enthrall the men into a fake relationship, convincing them that her feelings were genuine and that she was in love. She would take pre-wedding photos with the men, who would often call her “wife.”

Once Wu had captivated the men, the 29-year-old would allegedly request money, explaining that she needed it to help several family members. Some of her explanations included that her father has cancer, her cousin needed to be bailed out of jail and her brother needed money to buy a home after getting married.

Some of the men that Wu dated took out loans to fulfill her cash requests.

 

Wu’s boyfriends began to grow suspicious of her and threatened to report her to the police. She would then request money from her newer boyfriends in order to pay back the old ones.

Earlier this year, Wu’s elaborate scheme began to fall apart when she asked one of her boyfriends, surnamed Wang, to pose as her brother. She explained that she was trying to get rid of another man, surnamed Li, who she claimed was tracking her down over unpaid taxes.

Wang had loaned Wu around 900,000 yuan (approximately $133,315).

Following his suspicions, in June, Wang demanded a meeting between his and Wu’s parents, threatening to break up with her and take back his money if she refused. Wang reported Wu to the police after she stated that she was unable to return the money at the time.

 

“The man asked me when we could return the money to him. He said he is short of money and he had already sold his house,” Wang told police per South China Morning Post. “I instantly became suspicious of Wu. How could it be possible that a person who pushed others to pay taxes had sold his own house?”

Wu has been married since 2014 and has a 2-year-old son with her husband. Shanghai police discovered Wu residing in a rental home with her husband where she claimed to work as a fashion model.

During the investigation, Wu stated that she was single and was dating the men as a way of funding her expensive lifestyle. She added that the money was going towards her siblings and her parents, who live outside of Shanghai.

Police are currently investigating the situation.

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At Least Five People Killed, 100 Hurt In Somaliland Protests

 At least five people were killed and 100 injured in Somalia’s breakaway Somaliland region when security forces clashed with protesters demanding presidential elections be held in November, a regional leader said late on Thursday.



Somaliland broke away from Somalia in 1991 but has not gained widespread international recognition for its independence. The region has been mostly peaceful while Somalia has grappled with three decades of civil war.

Majority of those who were injured were security forces “who were attacked with clubs, metal bars, and stones,” Muse Bihi Abdi, president of Somaliland said in a Facebook post late Thursday. He did not say whether those killed were civilians or security personnel.

“We shall not allow chaos and demonstration in any town or in any village. They will be confronted. Unauthorized violent demonstration to destroy the nation will not be accepted.”

The president’s current term ends in November but the opposition suspect Abdi wants to delay that election and accuse him of seeking an extension of his term through “Guurti”, a council of elders that acts as the de factor parliament in Somaliland.

Opposition leaders said some of the deaths occurred after security forces beat and then opened fire on demonstrators in Somaliland’s capital Hargeisa and two other towns.

Videos shared on social media showed protesters throwing stones and burning tires in the streets of Hargeisa, while some security forces fired weapons and tear gas. Reuters was unable to independently authenticate the videos.

Abdirahman Cinro, a presidential hopeful and former head of Wadani, one of the two opposition political parties championing the protests said six people were killed.

“The demos will continue and it is just the beginning until we get full democratic space and freedom from dictatorship and bad leadership,” he said.

During the clashes dozens of security personnel were injured by protesters who were armed with knives, catapults and clubs, said Abdi Hassan Mire, deputy commander of the Somaliland police. Some carried weapons and fired bullets, he said.

Property and vehicles were also destroyed, according to police.

At least 100 people suspected of involvement in the clashes were arrested and will be charged soon, Ibrahim Abdi Haji, head of operations in Somaliland Police, said.

In a statement on Thursday six foreign diplomatic missions, including the U.S., U.K. and E.U., condemned what they called “excessive use of force” during the demonstrations.

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When Telecommunications Collapse: What Angola's Mobile Network Crisis Teaches Us About Governance, Justice, and National Security

  The recent disruption of Angola's mobile networks has affected banking, digital payments, businesses, emergency communications, and mi...