Business Insider Africa·1 min read·medium
Another African country tightens grip on its gold after seizing a shipment worth $520,000 as Africa battles $30 billion in undeclared exports
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Tanzanian authorities have seized a shipment of gold worth $520,000 as part of a broader crackdown on mineral smuggling. This move is part of a continental effort to address the estimated $30 billion lost annually to undeclared exports.
Like several African gold-producing countries, Tanzania has intensified its crackdown on mineral smuggling and revenue losses, intercepting gold valued at TSh1.345 billion, about $520,000. DON'T MISS: Fresh gold discovery in an East African country t... [3717 chars]
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