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New Gold Licensing Fees Likely To Promote Smuggling

Zimbabwe's gold markets were overrun this week by fears that the recently announced steep increase of 400% in  gold dealing licence fees would result in a sharp rise in smuggling of the precious mineral. Several estimates have indicated that up to US$100 million was being spirited out of the domestic market monthly, through smuggling. Announcing…
Mthuli Ncube Peter Magaramombe Zimbabwe Miners Federation Economic Development A Chamber Gold Trade Act
Source: zimeye.net

Growing fears of pillage and plunder as Zanu PF heads for exit

ZIMBABWE'S gold markets were overrun this week by fears that the recently announced steep increase of 400% in gold dealing licence fees would result in a sharp rise in smuggling of the precious mineral. Several estimates have indicated that up to US$100 million was being spirited out of the domestic market monthly, through smuggling. Announcing…
Peter Magaramombe Mthuli Ncube A Chamber Economic Development Zimbabwe Miners Federation Gold Trade Act

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