Gold prices fluctuate,EDF blames smuggling

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Export Development Fund (EDF), a subsidiary of the Reserve Bank of Malawi (RBM), says most of the country’s gold is being smuggled to neighbouring countries, leading to fluctuations in prices on the market. In a written response to a questionnaire, EDF public relations specialist Deliby Chimbalu said people are attracted by the higher prices offered

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Malawi , Deliby Chimbalu , Development Fund , Ministry Of Mining , Reserve Bank , Grain Malunga , Malawi Government , Small Scale Miners Act , Business News ,

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