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Buyers missing at Mwenge Woodcarver's market

Buyers missing at Mwenge Woodcarver's market
theeastafrican.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theeastafrican.co.ke Daily Mail and Mail on Sunday newspapers.

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Tanzania's big win: Selous to stay on World Heritage Sites list


The East African
Saturday July 24 2021
Summary
The World Heritage Centre and the International Union for Conservation of Nature (IUCN) had proposed Selous’s delisting. 
Delegates at the virtual 44th session of the committee put up a spirited opposition that resulted in an amendment on the original draft. 
The Selous Game Reserve, with an area of 54,600 square kilometres, was first established in 1922 and added to the list of endangered World Heritage Sites in 2014. 
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Uganda led four other African countries at the Unesco World Heritage Committee conference in Fuzhou, China, in saving Tanzania’s Selous Game Reserve from being struck off the list of World Heritage Sites last week. ....

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Marvel Gold Ltd's Chilalo Graphite Project spin-out advances with key share exchange agreement executed


Marvel Gold s Chilalo Graphite Project spin-out advances with key share exchange agreement executed
While the spin-out is well-advanced, it remains subject to a number of conditions, both as a function of the terms of the SEA as well as regulatory matters.
Evolution has appointed Chieftain Securities Pty Ltd and Ashanti Capital Pty Ltd as joint lead managers to the spin-out.
Marvel Gold Ltd’s (ASX:MVL) (FRA:GR2) proposed spin-out of its Chilalo Graphite Project in Tanzania and initial public offering (IPO) of wholly-owned subsidiary Evolution Energy Metals Ltd is at an advanced stage – pending final in-country regulatory approvals.
In a key development, a share exchange agreement (SEA) has been executed under which Marvel has agreed to sell the Chilalo Project to Evolution in exchange for Evolution shares valued at A$10 million. ....

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S&P/ASX 200 gains 0.92% following a strong session in the US on Tuesday


S&P/ASX 200 gains 0.92% following a strong session in the US on Tuesday
In Japan, the Nikkei 225 led gains among Asia’s major markets as it rose 1.3% while the Topix index advanced 1.42%.
Bitcoin fell again on Tuesday, breaking below the critical US$30,000 level.
S&P/ASX 200 (INDEXASX:XJO) gained 0.92% to 7,319 points by about 12.50 pm, reclaiming its losses from the past two days following a strong overnight session in the US.
The Dow Jones Industrial Average in the US jumped more than 500 points, mostly recovering from its Monday plunge.
NSW has recorded 110 new local COVID-19 cases in 24 hours off the back of a record 84,000 tests. ....

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