EPISODE · Apr 29, 2019 · 32 MIN
Gold smuggling; a How To guide
from Talking Africa · host The Africa Report
The spate of informal mining has moved from the 'romantic image' of the lone miner with his mule, to the semi-industrial criminally-syndicated mining 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 are exploding -- much of which is unregistered. Read the report here => http://tiny.cc/b96w5yThat 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.
What this episode covers
The spate of informal mining has moved from the 'romantic image' of the lone miner with his mule, to the semi-industrial criminally-syndicated mining 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 are exploding -- much of which is unregistered. Read the report here => http://tiny.cc/b96w5yThat 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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Gold smuggling; a How To guide
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