There has been a soaring demand for commodities from Africa in recent years, which created a unique opportunity for the continent to plough this windfall into socio-economic development. However, a great portion of the resources that leave Africa’s shores each year is not reflected in government revenue books.
Five rescued gold miners, trapped underground for 41 days in Tanzania are receiving treatment at a hospital. The miners ‘survived by eating roots, soil, frogs and cockroaches’. 12 others are still missing
Cost-cutting measures will see London-listed Richland Resources shed a third of its workforce, The Citizen reported
The cash-strapped Zimbabwe government is in a quandary after $30 million raised from a diamond auction in Dubai last month failed to find its way to Treasury