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Sunday, 14th August 2022
3:10:16am

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Xtra-Gold produces 1098oz of gold in H1

ASX-listed gold explorer Xtra-Gold produced 1 098 ounces of gold in the first half of the year from its operations in Ghana.

The company sold 1 162 fine ounces at an average price of $1 928 per ounce, which helped boost the company’s cash on hand to $5.7 million from $4.7 million at the end of 2021.

Xtra-Gold is focused on defining a potentially…

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Ethiopia starts power generation from second turbine at mega-dam

Ethiopian Prime Minister Abiy Ahmed kickstarted electricity production from the second turbine at its controversial mega-dam on the Blue Nile on Thursday, despite continuing objections by Egypt and Sudan over the project.

Abiy also confirmed that a third filling of the multi-billion dollar Grand Ethiopian Renaissance Dam (GERD) was under way, a…

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SA opposition parties to decide fate of President Cyril Ramaphosa

Opposition parties are set to decide the fate of President Cyril Ramaphosa and his administration following a multi-party meeting “about strengthening the arm of parliament” and “holding the executive accountable” after the lid blew off the so-called Phala Phala farmgate scandal.

This is according to a joint statement by DA, EFF, IFP, ACDP, UDM,…

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Kenya: Raila Odinga's supporters hopeful of victory

On Thursday, Kenya’s Independent Electoral and Boundaries Commission (IEBC) had not yet declared the official results of the presidential race. However, winners of other elective seats were being announced.The Orange Democratic Movement candidate Peter Ochieng Orero was elected new Kibra-MP. 

The winner received the certifcate proving his success.…

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Zim Minister says Harare ready to welcome its citizens as permits expire in SA

Zimbabwe’s Minister of Foreign Affairs and International Trade, Frederick Shava, said the government led by President Emmerson Mnangagwa is ready to welcome back its citizens who have lived in South Africa under the Zimbabwe Exemption Permits (ZEP).

“The Zimbabwe Exemption Permit will expire at the end of this year. Its expiry is naturally causing…

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