By NOEL IYOMBWATHE smuggling of gold by foreigners must be stopped at all costs because they are ripping the country of much-needed resources, chiefs have said.Chief Kaputa of the Tabwa people said the influx of foreigners buying gold cheaply from small-scale miners was a source of concern.He said the country was being denied revenue in taxes because of the rampant smuggling of gold.Chief Kaputa said the foreigners were taking advantage of the locals by buying gold cheaply.“They smuggle the gold to other countries where they sell at good prices,” he said.The traditional leader observed that the influx was similar to the 1970-80 scenario when a number of foreigners, mainly from Senegal and Mali, came into the country for the gemstones on the Copperbelt, Eastern and Southern provinces.Chief Kaputa said exploration of minerals, especially gold, should stop immediately so that Government could put in place a proper system.The traditional leader said Government should give priority to […]
ILLEGAL GOLD DEALS IRK CHIEFS

Sign Up For Daily Newsletter
Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
- Advertisement -



