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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% inĀ  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 , Gold Trade , License Fees , Rhodesia Government Notice , Innocent Nicks , Wellington Takavarasha , Polite Kambamura , Fidelity Printers ,

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 , Gold Trade , License Fees , Rhodesia Government Notice , Innocent Nicks , Wellington Takavarasha , Polite Kambamura , Fidelity Printers ,