“NO ELECTRICITY, NO VOTE,” SOUTH AFRICANS THREATEN TO SHUN RULING PARTY ANC. (PHOTO)

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 “No electricity, no vote,” South Africans threaten to shun ruling party ANC Residents in Katlehong, a township outside Johannesburg, have resolved to boycott South Africa's upcoming local elections on November 4 due to long-standing failures by authorities to provide basic services like electricity. For over 20 years, around 180 households in the community have relied on illegal electrical connections pulled from neighboring areas to power their homes. Angry over the lack of formal grid infrastructure, residents are directing their frustration at the ruling African National Congress (ANC). "We have made a collective decision: no electricity, no vote," said community leader Lesiba Rankapole, 59. "We know it is illegal, but we had no choice because we cannot live without electricity. Our children cannot progress without electricity." "I was born ANC, but today I do not want anyone to tell me about the ANC because I am suffering," added 57-year-old resid...
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BURKINA FASO'S BOUNGOU & WAHGNION GOLD MINES NOW BELONG TO GOVERNMENT. (PHOTO).

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 Burkina Faso's Boungou & Wahgnion Gold Mines Now Belong to Government


The assets of UK-based gold producer Endeavour Mining and Lilium Mining, which is a subsidiary of Lilium Capital, founded by US-Burkinabe billionaire Simon Tiemtore, are to be transferred to the Burkina Faso government after several agreements were signed with Burkinabe Minister of Economy Aboubakar Nacanabo, Sputnik reported.


The two companies have settled their legal dispute over the sale of two gold mines. Their conflict began when Lilium acquired the mines in June last year. Endeavour claimed that Lilium had missed payments exceeding $100 million, while Lilium accused Endeavour of misrepresenting the financial and operational status of the mines.


As part of the settlement, Burkina Faso will pay Endeavour $60 million and a 3% royalty on up to 400,000 ounces of gold produced from the Wahgnion mine. Both companies will cease their ongoing legal proceedings in London.

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