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Gold smuggling; a How To guide

By Nicholas Norbrook
Posted on Monday, 29 April 2019 18:48, updated on Thursday, 4 July 2019 19:09

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How do we bring accountability into mining in Africa?

The spate of informal mining has moved from the ‘romantic era’ of the lone miner with his mule, to the semi-industrial criminally-syndicated operations of today.

So says the President of Ghana, Nana Akufo-Addo.

And an increasing array of experts agree.

Now, a new investigation by Reuters shows the UAE’s gold imports from Africa are exploding — much of which is unregistered.

That means the continent is missing out on billions of dollars of tax revenue: the schools, farms, power stations and ports that should be supporting Africa’s future is instead being leaked out through corrupt means.

We spoke to David Lewis of Reuters — @DG_Lewis — and Gregory Mthembu-Salter, a consultant at Phuzumoya — @gmsalter — to find out more.


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