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Illegal gold mining in the firing line

Illegal gold mining in the firing line

COUNTRIES across the continent are moving to quash illegal gold mining, using a variety of methods including formalising the sector, applying more stringent legal processes and even resorting to military intervention, with a Ghanaian court recently sentencing a Chinese national to prison for illegal gold mining, “The court in the capital, Accra, sentenced Aisha Huang to four and a half years imprisonment and a fine of 48,000 Ghanaian cedis ($4,000) for running an illegal mining operation,” Reuters reported of the sentencing on December 4, which brought an end to a trial that started in 2017. Ghana is the 10th largest…
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Africa’s agribusiness sector should drive the continent’s economic development: Five reasons why

Africa’s agribusiness sector should drive the continent’s economic development: Five reasons why

AFRICA'S agriculture sector accounts for about 35% of the continent’s gross domestic product and provides the livelihood of more than 50% of the continent’s population. These shares are more than double those of the world average and much higher than those of any other emerging region. Author LILAC NACHUM, Visiting Professor at Strathmore Business School; Professor of International Business, City University New York, City University of New York Dependence on agriculture has declined in other emerging regions. For example in Southeast Asia, agriculture’s share of GDP dropped from 30-35% in 1970 to 10-15% in 2019. In Africa, it has remained…
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