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THIS IS AFRICA, News that could impact ASX listed companies who operate there
blacksheep
post Posted: Nov 7 2019, 01:38 PM
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Perenti Global Limited (PRN, formerly Ausdrill Limited)

Gunmen kill 37 in ambush on Canadian gold mine convoy in Burkina Faso

Posted 58 minutes ago

QUOTE
hirty-seven workers were killed and more than 60 others wounded when gunmen ambushed a convoy transporting employees of Canadian gold miner Semafo in eastern Burkina Faso.

The attack on Wednesday (local time) is the deadliest in recent years as the military struggles to contain Islamist violence that has overrun parts of Burkina Faso, located in west Africa.

Semafo tightened security last year following armed incidents near two of its mines in the country.

The company said the five buses escorted by the military were about 40 kilometres from the Boungou gold mine in the Tapoa province when they were ambushed.

A security source said "a military vehicle that was escorting the convoy hit an explosive device".

"Two buses carrying workers were then fired upon," the source told AFP on condition of anonymity.

One of the sources said it appeared that they targeted the buses as well as the military escort, which was unusual.

The local Governor's office later gave more details, saying "unidentified armed men laid an ambush for a convoy transporting Semafo workers", and put the provisional civilian death toll at 37 with over 60 wounded.

That toll does not include an unknown number of the security forces who may have been killed in the attack.

Australia-based mining contractor Perenti, which is working on the mining project, said no Australian workers were involved in the incident.

However, Perenti said in a statement members of its workforce from African Mining Services (AMS) were involved and they were still working with local authorities to confirm details.

https://www.abc.net.au/news/2019-11-07/ambu...a-faso/11681190



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The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Oct 29 2019, 08:35 PM
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In Reply To: blacksheep's post @ Sep 28 2019, 03:51 PM

According to this report - insurgents have killed 5 Russian Military personnel and 20 Mozambican Defence and Security Services in an ambush last Sunday in Cabo Delgado, northern Mozambique
https://cartamz.com/index.php/politica/item...-e-cinco-russos



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Oct 19 2019, 11:34 AM
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Ebola concentrated in Congo mining area, still an emergency — WHO
Reuters | October 18, 2019 | 12:15 pm Africa Cobalt Copper Diamond

QUOTE
Ebola is infecting and killing people in a gold mining area of eastern Democratic Republic of Congo, and the “complex and dangerous” outbreak still constitutes an international emergency, the World Health Organization (WHO) said on Friday.

The virus has infected 3,227 people and killed 2,154 of them since the outbreak was declared in August 2018 and went on to became the world’s second worst outbreak, it said.

The WHO’s Emergency Committee on Ebola reviewed the situation since declaring the outbreak an international emergency on July 17. In a statement on Friday, it said the epidemic is “currently concentrated in the Mandima health zone in the Biakato mine health area”.

“This outbreak remains a complex and dangerous outbreak,” WHO director-general Tedros Adhanom Ghebreyesus told a news conference, adding that he had accepted the independent panel’s recommendation to maintain the emergency status.


read more - https://www.mining.com/web/ebola-concentrat...-emergency-who/



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Oct 16 2019, 09:26 PM
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In Reply To: blacksheep's post @ Sep 28 2019, 03:51 PM

Russia Prepares a Foothold in Mozambique: Risks and Opportunities
Publication: Eurasia Daily Monitor Volume: 16 Issue: 142
By: Sergey Sukhankin
October 15, 2019 05:34 PM Age: 13 hours
extract
QUOTE
Writing last month for Observador.pt, Portuguese commentator José Milhazes attributes Russia’s increasing interest toward Mozambique to two main factors. First, Moscow sees an opportunity to diversify its imports/exports and soften the impact of Western economic sanctions. Second, the Russian authorities “are also seeking to compensate the increasing costs associated with the extraction of much more expensive [Russian] natural resources with inexpensive [African alternatives].” Milhazes argues that, according to his information, Russia has sent 160 elite Russian military men to the country with an ultimate goal “to create [in Mozambique] a mobile GU [military intelligence] base and a permanent naval military base.” He also points out that Russian military personnel may have been invited to Mozambique to take part in the eradication of Islamist fundamentalists in the Cabo Delgado province (northern Mozambique), which is endowed with natural gas but suffers instability due to the problem of Islamist radicalism—thus, “replicating the Syrian model.” Another reason for Russia’s involvement in Mozambique, as identified by Milhazes, pertains to Russian state-controlled VTB Bank, “one of those financial institutions directly involved in the local ‘Mozambique hidden debts affair’ scandal—a shadow scheme that has caused serious economic losses to the local economy” (Observador.pt, September 28).


read more - https://jamestown.org/program/russia-prepar...-opportunities/





--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Sep 28 2019, 03:51 PM
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Posts: 6,570
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Cabo Delgado insurgency: Russian military equipment arrives in Mozambique – Carta
11:09 CAT | 27 Sep 2019

QUOTE
Two days after the President of the Republic and Commander-in-Chief of the Defence and Security Forces (FDS) acknowledging the seriousness of the drama in the northern part of Cabo Delgado province and, consequently, demanding from officers of the state forces the adoption of new methods to deal with the phenomenon, the FADM received, on Thursday morning, military equipment from the Russian Federation, ‘Carta de Moçambique’ reports.

According to the ‘Carta’ report, a Russian cargo plane was photographed yesterday morning unloading military material (namely large-calibre weapons and ammunition) at Nacala International Airport, in Nampula province.


QUOTE
Meanwhile, sources linked to the case told ‘Carta’ that the equipment is not from the Russian Military Forces, but from a Russian private military company, called the ‘Wagner Group’, which operates in various regions around the world, namely in eastern Ukraine and in Syria.

According to the same ‘Carta’ sources, the Group has been in the country for just over a month and is based in three northern military barracks, namely Nacala (Nampula province), Macomia and Mueda (Cabo Delgado province). These sources also asserted that, contrary to what circulated a few days ago – that these men would be ‘in the ‘line of fire’ – they are in the barracks providing technical and tactical assistance to the Mozambican forces.

https://clubofmozambique.com/news/cabo-delg...e-carta-143215/

Interesting group - "Wagner"

"The Wagner Group has ties to Russian President Vladimir Putin’s inner circle but blurs the line between what is and isn’t happening on Moscow’s orders."

https://twitter.com/RYP__/status/1175108830495043584



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Sep 28 2019, 02:43 PM
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Canada’s Banro halts Congo operations after militia attacks
Cecilia Jamasmie | September 27, 2019 |
extract
QUOTE
Canada’s Banro Corporation has once again halted operations at several of its mines in Democratic Republic of Congo following repeated attacks from armed rebels that has made it impossible for the gold producer to keep staff and assets safe.

read more https://www.mining.com/canadas-banro-halts-...going-violence/



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 

sentifi.com

Share Cafe Sentifi Top themes and market attention on:


blacksheep
post Posted: Sep 1 2019, 05:57 PM
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Basel AML Index 2019
A country ranking and review of money laundering and terrorist financing risks around the world

QUOTE
4.2 Lowest performing countries
Mozambique, Laos and Myanmar are the lowest performing countries out of the 125 countries assessed
by the Public Edition of the Basel AML Index. These three countries are listed among the US INCSR list
of major money laundering countries. Only Myanmar has been assessed by the FATF fourth-round
methodology, which may influence comparability between the countries.

4.2.1 Mozambique
Mozambique’s overall ML/TF risk score is 8.22 out of 10. The quality of its AML/CFT framework (Domain
1) is poor (9.28), based on data from the FATF (9.08) and the US INSCR (10), which lists it as a major
money laundering jurisdiction. Poor border controls and weak government institutions expose the country
to cross-border crimes related to drugs and human trafficking. Mozambique is also vulnerable to other
predicate offences including corruption, car theft and smuggling, robbery, cash smuggling, illicit trade in
precious metals and stones, customs fraud and goods smuggling.

Mozambique has high risks associated with corruption, which is a pervasive problem in the country. The
country scores 7.11 for corruption (based on the TI CPI) and 7.70 for bribery risks (based on the TRACE
Bribery Risk Matrix). In January 2019, Mozambique announced the indictment of 18 individuals in
connection to the USD 2 billion “tuna bonds” scandal that plunged the country into its worst financial
crisis since independence. According to the Organized Crime and Corruption Reporting Project (OCCRP),
in 2013 the former finance minister Manuel Chang “approved $2 billion of government loans from Credit
Suisse and Russian bank VTB Capital, partially concealing them from donors including the International
Monetary Fund (IMF). The loans funded maritime projects including a state-owned tuna fishery. However,
an estimated 10 percent was diverted into bribes and kickbacks”. Mozambique defaulted on the loans in January 2017, plunging the country into a financial crisis with debt soaring to 112% of GDP.
The country also fares poorly on Financial Transparency and Standards (Domain 3), with a score of 6.5.

The country’s risk level in Domain 4 (Public Transparency) and Domain 5 (Political and Legal Risks) is
medium. The country faces issues with the strength of public institutions, as well as the financial openness
of political parties and the level of media freedom.

https://www.baselgovernance.org/sites/defau...ndex%202019.pdf

Map - https://www.baselgovernance.org/basel-aml-i...lic-edition-map



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Aug 20 2019, 03:46 PM
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In Reply To: blacksheep's post @ Aug 19 2019, 11:13 PM

Interesting read and also this map of Cabo Delgado showing the location of the oil&gas projects and the conflict so far
Can Mozambique Shield Its Energy Investments From Escalating Terrorism?
https://worldview.stratfor.com/article/can-...rorism-security

Renamo “Junta” threatens military action if Mozambican government refuses to renegotiate
https://clubofmozambique.com/news/renamo-ju...gotiate-139600/
Attached thumbnail(s)
Attached Image


 




--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Aug 19 2019, 11:13 PM
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In Reply To: blacksheep's post @ Aug 17 2019, 04:51 PM

“Military Junta” tries to seize control of Renamo – AIM report
QUOTE
The dissident faction within the main Mozambican opposition party, the former rebel movement Renamo, the self-styled “Renamo Military Junta”, has appointed its leader, Maj-Gen Mariano Nhungo, as the new leader of Renamo – a move certain to be rejected both by the official Renamo leadership and by the Mozambican government.

The Military Junta went ahead on Saturday with a meeting, which they termed an “Extraordinary Council” of the junta somewhere in the bush of the central district of Gorongosa to seize control of Renamo.

In a speech by Nhongo, circulating on the Internet, he declared that Ossufo Momade was no longer President of Renamo and, since there were no other candidates, he was now the “Interim President of Renamo”.

He thus scrapped the results of the Renamo Congress held in January, in which there was a contested election, won easily by Momade. Nhongo claimed the Congress had been infiltrated by “traitors” who formed an “illegitimate majority”.

He suggested that Momade had always been working for the ruling Frelimo Party because he was a soldier in the Mozambican army when he was kidnapped by Renamo in 1978. Both of Momade’s predecessors, Andre Matsangaissa and Afonso Dhlakama, had also once been in the army (but were cashiered for theft).

Nhongo claimed that Momade “deceived us all and for all these years. He never stopped obeying the Frelimo Party as one of its agents”.

He claimed that the peace agreement Momade signed with President Filipe Nyusi on 6 August is “an agreement for unconditional surrender”.

“Momade has sold us out to Frelimo”, he declared. “He and the other sell-outs have sold us in exchange for a few personal favours they have received. They dream of occupying minor leadership positions in future”.

After the 6 August signing, Momade was summoned to meet with the Military Junta, and he refused to go. So the Junta set up an “Extraordinary Military Tribunal” to try Momade for treason.

“We think there is all the evidence and no doubt of the act of treason”, said Nhongo. The Junta appointed a Renamo lieutenant to act as Momade’s defence lawyer “but he had no arguments to defend him. So we declared Lt-Gen Ossufo Momade guilty of treason, and stripped him of his rank and all his positions”.

Nhongo said a future Extraordinary Congress of Renamo would “ratify this sentence and decide on the expulsion of Ossufo Momade as a member of Renamo”.

Nhongo declared the peace agreement null and void. “It does not bind Renamo. It was signed by someone who had no authorisation from the Renamo National Council to sign it”, he said.

Nhongo said the “Extraordinary Council” had instructed him to demand the postponement of the general elections scheduled for 15 October, and the holding of “a new voter registration without fraud or gross manipulation”.

All Renamo forces are to be moved “to safe places, considering that the traitor Momade has delivered the coordinates of the bases to the enemy”. Despite this threatening move, Nhongo demanded that the government respect in full the current truce.

The meeting also demanded the release, by force if necessary, of Renamo fighters “currently held prisoner on the orders of the traitor Ossufo in Inhaminga and other bases occupied by the traitors”.

The Junta is also ordering the Renamo Parliamentary Group to vote against the law ratifying the peace agreement when it comes before the country’s parliament, the Assembly of the Republic, next week.

The Junta also wants the governments of Portugal and Rwanda, and the International Red Cross to negotiate safe passage for Nhongo, or his representative, “so that he can negotiate a genuine national understanding that reflects the will of Renamo”.

There is not the slightest chance of these demands being met. Nyusi has made it very clear that he regards Momade as the leader of Renamo, and thus as his negotiating partner. The government will not throw away a peace agreement that was carefully negotiated over more than two years, first with Dhlakama and then with Momade.

Foreign governments, who watched the signing of the 6 August agreement, are most unlikely to accept the Junta’s demands. Nor is there any sign that Renamo parliamentarians have any sympathy with the Junta.

The major uncertainty is how much support the Junta has among Renamo fighters. If they have significant support, then the planned demobilisation and disarming of the Renamo militia could be disrupted.

Source: AIM

https://clubofmozambique.com/news/military-...-report-139583/



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Aug 17 2019, 04:51 PM
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In Reply To: blacksheep's post @ Aug 15 2019, 11:25 AM

The "peace" didn't last long rolleyes.gif and it's a couple of months before the elections when issues arise

QUOTE
“Two days after the signing of the Maputo Peace and Reconciliation Agreement, acts of violence and political intolerance occurred in various parts of the country,” Renamo spokesman Jose Manteigas told a press conference in Maputo.

José Manteigas cited four cases, in Tete and Zambezia provinces in the centre of the country, and in Inhambane and Gaza in the south.

“In Maflaucha village in Tete, the homes and property of Marcos Cangachipe Chissassa, Johane Langitoni Jovuyabema and José Ailaqui, all of them members of Renamo, were burned down the dead of night,” the spokesman said.

https://clubofmozambique.com/news/renamo-de...reement-139560/




--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
 


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