The West Coast Environmental Protection Association fears a new phosphate mine at Elandsfontein could cause irreversible damage to the ecologically sensitive Langebaan Lagoon. The association claims the licensing process for the new mine was flawed, and its taking the Mineral Resources Department to court in a bid to have the process reviewed. For more news, visit: http://www.sabc.co.za/news
Views: 1076 SABC Digital News
The small mining town of Stilfontein near Klerksdorp in the North West is in shock after seven people, including children, were allegedly knocked down in three hit and runs. The community alleges that the accidents are linked to one driver who allegedly targeted his victims by bumping into them on the pavements. For more news, visit: http://www.sabc.co.za/news
Views: 811 SABC Digital News
Chamber of Mines CEO Roger Baxter speaks to CNBC Africa's Resource Watch about differences with government over the mining charter. Looks ahead to gold wage talks coming up in a few weeks, tells us what pressures the mining industry is under right now, outlines his vision for the mining sector for the next 15 years.
Views: 83 CNBCAfrica
Rwanda has said it expects its official foreign exchange reserves, to fall after a dip in the prices of its mineral exports. This month, Rwanda secured an 18-month $204 million standby facility from the IMF to bolster reserves. The IMF said reserves stood at $817 million at the end of March. Rwanda has a policy of keeping its foreign exchange reserves at above three months of import cover. Despite the commodity price shock, Rwanda's economy grew at 6.9 percent in 2015 and is forecast to expand by 6 percent in both 2016 and 2017. The exchange rate has however come under pressure and the current account deficit has widened. Reserves would slide to 3.2 months import cover by the end of 2016 and 2.5 months at end-2017, before rising to 2.9 months by the end of 2018.
Views: 245 CGTN Africa
The ministry of finance and planning says it will look for new sources of revenue and increase affiance in tax collection so as to meet the gap caused by the board of the millennium challenge corporation-MCC's decision to withdraw more than one trillion shillings as development funds for the country.
Views: 13 CAPITALTVTZ
Just before the UN Security Council voted on the issue of Israeli settlements, building permits were granted in the largely Palestinian Batan al-Halwa neighbourhood, in occupied East Jerusalem. Some say that was a move by Israeli officials to send a message to the international community; in the end the council voted to condemn settlement expansion. “The settlers and the guards harass us and our children, putting us under constant pressure, terrorising us with their guns and offering us large sums of money to persuade us to leave this place,” said Zuheir Rajabib, who is locked in a legal dispute over the house he and his family have lived in since the sixties. Al Jazeera’s Andrew Simmons reports from Jerusalem. - Subscribe to our channel: http://aje.io/AJSubscribe - Follow us on Twitter: https://twitter.com/AJEnglish - Find us on Facebook: https://www.facebook.com/aljazeera - Check our website: http://www.aljazeera.com/
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