It is now clear that East Africa is committed to ensuring there is transparency and traceability within its mineral supply chain. And now that Uganda has become the fifth country to sign up to the Regional Certification Mechanism (RCM) ICGLR, sourcing of minerals from areas ravaged by conflict should stop. My hope has always been to promote ethical and transparent practices within the mineral supply system.
Uganda becomes the 5th ICGLR member state to launch the Regional Certification Mechanism (RCM) ICGLR Certificate to promote responsible mineral supply chains for the designated conflict minerals of Tin, Tungsten, Tantalum & Gold (3TGs). UG now joins the DRC, Rwanda, Burundi & TZ.
It was great to witness the growing discussions within the precious metal industry on responsible sourcing at the 11th edition of the Dubai Precious Metals Conference. It's crucial for players to remember that meeting the world's demand for these precious metals must be tagged to responsible and transparent practices. The sector has made significant strides in promoting transparency, and every player must work to build a sustainable and responsible business environment.
DMCC successfully held the 11th edition of the Dubai Precious Metals Conference, in partnership with the UAE Ministry of Economy. Themed 'The Future of Precious Metals: Global governance to trade trends,' the event delved into critical industry topics, highlighting responsible sourcing, #globaltrade, and #climatechange. Hundreds of industry leaders convened to discuss key trends, making #DPMC2023 a pinnacle in the global #preciousmetals events calendar. Read more: https://t.co/Pe3oJUm28G
It is crucial to establish a level playing field within the precious metals industry, ensuring that all players adhere to the same regulations. These rules should be designed to combat illicit trade in gold and particularly target conflict minerals, preventing their integration into the global system. While Valcambi SA, a prominent gold refiner, asserts the efficacy of its due diligence system in ensuring responsible sourcing, it is imperative that the entire industry operates under the same regulations to effectively address the issue of conflict gold.
https://t.co/rQEYUWMOA3
Investor tales of seeking precious metals in Africa and falling prey to unscrupulous dealers will persist until initiatives are taken to enhance transparency and traceability in the supply chain. Such stories tarnish the reputation of the precious metals industry, and deter potential investors.
It is crucial to foster trade within formal institutions that enable transparent transactions and clear identification of traders. This benefits the country, the market players as well as those officials seeking information for official purposes.
https://t.co/Wv9LX1uVuD
The signing of agreements between the two sovereign states will allow more Emirati companies to invest in Uganda, creating jobs and boosting tax revenue. This strengthening of ties will create a more transparent supply chain system for minerals, something that I strongly support. Entebbe International Airport remains a major transit point for traders in the region who are primarily involved in the export of unprocessed minerals. Now that the UAE is deepening its ties with Uganda, the two states will be able to share information to ensure that every mineral that enters into the supply chain is free of conflict and potential fraud.
https://t.co/glZlsWAWyE
For more than 30 years, I have followed and admired the remarkable work that Doctor Jane Goodall has done in the preservation of chimpanzees. Her perseverance in achieving her goals, and the humility with which she carries herself in protecting the chimpanzees, is something that we should all strive to emulate. That is why I could not miss celebrating the 25th anniversary of Ngamba Island Chimpanzee Sanctuary with Doctor Jane. A toast to the brave men and women of the Ngamba chimpanzee sanctuary for making it to 25 years and doing an amazing job. @ngambaisland@JaneGoodallInst
Behind Rwanda’s well-polished image is a racket of rogue government officials that manipulate investors in order to steal their assets. When Rwandan officials invited me to Kigali and agreed to partner with me to build one of East Africa’s biggest gold refineries, the plan and vision for the country was very promising. However, some of Rwanda’s officials only had a plan to grab the company’s assets and harass my staff with trumped-up charges.
Today, we expect a fair and honest settlement and compensation from the Rwanda government for the illegal seizure of our investments. Tbc. . .
Everything must be done to end the insecurity in DRC. It is my belief that all mineral extraction that benefit rebel groups should be referred to as conflict minerals and must be banned from the trade supply chain. However, we should not forget the vulnerable Artisanal and Small-scale Miners who earn an honest living from mining in order to look after their families. Supporting these numerous small groups is important.
For a long time, many have complained about the dubious activities of some NGOs, especially concerning their fabrication of reports in order to appease their donors. Also some donors have been complicit in these criminal schemes of the NGOs, and have quietly supported these scandalous activities simply because the NGOs promote their selfish agendas. Ugandans have fortunately begun to wake up to the rot of the NGO sector.
#UgandaNGOsExhibition
The security situation in the eastern part of the Democratic Republic of Congo appears to be getting worse. It is sad to hear that rebels killed more than 30 innocent students at a school in Kasese district in Uganda near the border of DRC last week. The rebels later fled to the DRC, according to statements by security forces. My thoughts are with the families of the students.
The United Nations has listed a number of rebel groups hiding in eastern DRC. The UN says one of the most prominent rebel groups is the M23. The United Nations has called on Rwanda’s government to stop supporting M23.
It's disheartening to hear stories of corruption, exploitation, abuse, and human rights violations within organizations that are supposed to champion causes such as human rights, good governance, transparency, and accountability.
#UgandaNGOexhibition | #UgandaNGOsExhibition
What doesn’t Africa have? The continent has everything – large water bodies, vast mineral resources, amazing weather, rich and fertile soils, human resources, etc. All these factors are enough to create jobs and generate revenue.
It is time for African countries to stand up and tear down the walls that a group of selfish Europeans built when they demarcated the borders that define Africa today during the infamous Berlin conference of 1884-1885. One way that Africa can do this is to ease trade between different countries. Easing trade within Africa should reduce the continent’s dependence on the Western world and create a more robust and resilient economy.
More people are beginning to see that the western world’s propaganda and its obsession to impose its beliefs on other countries is starting to lose its appeal. A Google-backed Artificial Intelligence tool now allows responses that are against the Western world’s ideologies. AI assistant Claude is simply saying that the western world are not the custodians of morals.