- published: 23 Aug 2012
- views: 1459
The African continent is very rich of minerals. This mineral wealth could make a tremendous contribution to the economic development of the continent. Still, the African mining sector serves primarily as a source of raw minerals exported for processing in Europe and Asia. Many countries are struggling to add value to the minerals they extract. In 2011, the Evert Vermeer Stichting visited Rwanda and executed an extensive research on Rwanda's mining sector. Learn more about the relation between mining, development, and European policy on www.fairpolitics.eu. And read our research report about mining in Rwanda.
KPMG's Sara Ellison traveled to the Democratic Republic of Congo to visit the first conflict-free mine in Rwanda. She had her camera and captured some moments along the way. For more information on Conflict Minerals visit: http://www.kpmg.com/US/en/topics/Pages/conflict-minerals.aspx
Rwandan government recently unveiled a target to hit $1.5 billion in annual revenues from exported minerals by 2024 how key this will be vast investments in value addition initiatives as mining activities must be modernized and more exploration need be done to unveil new deposits.
Artisinal miners in Rwanda take a motivational break.
The African continent is very rich of minerals. This mineral wealth could make a tremendous contribution to the economic development of the continent. Still, the African mining sector serves primarily as a source of raw minerals exported for processing in Europe and Asia. Many countries are struggling to add value to the minerals they extract. A production for the Evert Vermeer Stichting and Fair Politics, August 2012.
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Although Africa has a great natural resource wealth, many of its inhabitants are still plagued by poverty. Mining provides men aswell as women an opportunity to escape this poverty. In 2011, the Evert Vermeer Stichting visited Rwanda and executed an extensive research on Rwanda's mining sector. Learn more about the relation between mining, development, and European policy on www.fairpolitics.eu. And read our research report about mining in Rwanda.
The Democratic Republic of the Congo is rich in natural resources, yet the average citizen lives on only 72 cents a day. The foreign mining companies are getting rich while the general population is living in poverty. Many Congolese citizens are diging through the dirt on their hands and knees in search their fair share of the countries natural minerals. While there are taxes on the mining companies who benefit from the countries resources it is proving difficult to actually collect the money that is owed. Vocativ spoke to one tax inspector who explained that tax evasion and government fraud is rampant throughout the mining industry. So it seems that until those benefiting from the countries natural wealth start paying their fare share, many average citizens will have to continue digging t...
Rwanda's mining sector stands as one of the main contributor to the country's GDP, contributing 103 million dollars from January to August 2016, averaging $143 million dollars per year for the last 7 years. As the country aims to improve output by 28 per cent and revenue gains to 400 million dollars by 2017/2018, what is the future of the country's mining sector over fluctuating global commodity prices?
When it comes to Haiti, the media mostly show slums, deep poverty, corruption...etc... Yes, it is true Haiti has a lot of problems but not too many people seem to have a solution. Haitians are smart enough to get the country moving in a positive direction. However, we need a working model to emulate. We strongly suggest the Haitian politicians to study the Rwanda Model for Economic Growth. In addition, the Haiti politicians also need to study Singapore, Taiwan, and Thailand. Just like we did. The Rwanda Model consist of the following techniques: 1) Low Corruption 2) Pro Investment Policy Reforms (Foreign companies have to employ 70% Haitian workers, provide training and transfer of knowledge). 3) Special Economic Zone 4) Security (Being Able to Walk Outside at Night) 5) Regulatory F...
Fungamwaka - a mine in the east of Congo. These men work so that we can make telephone calls. They are mining coltan, which is indispensable for the production of mobile phones. The Democratic Republic of Congo is the world’s second-largest supplier of this rare mineral. Fungamwaka is a model mine. There is no child labour, state controls are carried out, taxes are paid. Those in charge of the mine operate legally. And above all there are no militia groups who finance themselves by smuggling resources. The long civil war is the biggest problem in east Congo - funded by the resource wealth in the ground. Ninety percent of the mines are managed by small-scale miners in remote border areas - an El Dorado for rebel groups who demand a share of the yield and sell it the global market via n...
A Uganda multi-stakeholder study tour to Rwanda to learn how Rwanda organizes and regulates Artisanal and Small scale Mining (ASM). Key lessons highlighted include; Rwanda's implementation of the ICGLR, Regional Certification Mechanism, private sector led community participation in mining operations and best practices in Environment, Health and Safety (EHS) as well as effective participation of women in mining.
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.
Subscribe to CLASSIC TRAILERS: http://bit.ly/1u43jDe Subscribe to TRAILERS: http://bit.ly/sxaw6h Subscribe to COMING SOON: http://bit.ly/H2vZUn Like us on FACEBOOK: http://goo.gl/dHs73 Follow us on TWITTER: http://bit.ly/1ghOWmt King Solomon's Mines (1950) Official Trailer - Deborah Kerr, Stewart Granger Adventure Movie HD Adventurer Allan Quartermain leads an expedition into uncharted African territory in an attempt to locate an explorer who went missing during his search for the fabled diamond mines of King Solomon. Welcome to the Fandango MOVIECLIPS Trailer Vault Channel. Where trailers from the past, from recent to long ago, from a time before YouTube, can be enjoyed by all. We search near and far for original movie trailer from all decades. Feel free to send us your trailer request...