Zimbabwe: US$12 Billion Gold Mining Companies Hopeful to Produce Four Tones of Yellow Metal Yearly towards 2023

By Abdul Rahman Bangura – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leonne- ZIMBABWE, pair of gold mining firms beget establish a mark in a bid to manufacture four tones of the yellow metal annually, as a limited supplementary subsist predicted to tote two tones annually; as part of Government select imprints towards the 2023 landmark of 100 tones. This information was disclosed by Mines and Mining Development Minister Winston Chitando intimating the press on the advancement towards the US$12 billion mining sector crossroads. Minister Chitando announced that, Government is sure the target will be met and that workouts on the ground all point towards success. He furthered that, Government has received note of various gold mining projects, which are at project phase as well as...

African Development Bank President: Confirmed over US$700 Million Subsidized in Sierra Leone

By Abdul Rahman Bangura – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leonne- Akinwumi  Adesina – President of the African Development Bank (AfDB), asserts, the Bank financed additional $700 million in Sierra Leone and that, the portfolio of the bank in Sierra Leone is approximately $100 million; recounting that, areas supported are Water and Sanitation, Energy, Infrastructure and Social Inclusion. The Bank’s President was affirming during a press conference at State House observing his two-day visit to Sierra Leone. The call of the AfDB President, cited a recourse for Sierra Leone to exacerbate dialogue on considerable veneers, specifically on how the Bank could boost the Western African Nation to execute the 2019-2023 National Development Plan concentrating on human...

Ghana: Passes Law Prohibiting Importation of Used Cars

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- Government of Ghana has finally passed the Customs Amendment Bill, 2020, which places a ban on the importation of second hand cars, more ten years old, as well as salvage cars, locally referred to as ‘accident cars’. The amendment is part of a bigger plan towards the implementation of the Ghana Automotive Manufacturing Programme, which has so far attracted several global car assembly plants into the country. The law seeks to provide incentives for automotive manufacturers and assemblers, registered under the Ghana Manufacturing Development Programme. Deputy Finance Minister, Abena Osei Asare, quoting the report of the Committee, said “the amendment of the Customs Act, 2015, (Act 891) is to provide incentives for...

Rwanda: US$700 Million Marketing Pacts to Host Commonwealth Heads of States and Government Meeting 2020 in Kigali

By Abdul Rahman Bangura – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leonne- The Rwanda Development Board (RDB) elucidated that, rehearsal to host the 2020 Commonwealth Heads of State and Government Meeting (CHOGM) is quiet on and rather the East Africa nation is in preparation to assume the $700 million enterprise and business agreements that will be divulged at forum. Supposedly, the Chief Executive Officer (CEO) of Rwanda Development Board – Clare Akamanzi, let out buzzes dispersing on public fora about the revocation of two-week-longing consultation slated to be carried in Kigali, are not credible, and the organizing secretariat is acting to regiment over 7000 players with sensation. “The authorized stance of the government of Rwanda is to keep going readying for...