Illegal gold mining costs Uganda millions in lost revenue

“As a result of Uganda’s central bank deregulating gold sales, local production has increased. The precious metal accounts for 30% of Uganda’s export revenue.  Illegal mining is having such an impact that experts say it must be stopped in order to shore up revenue collection. A government official said the issue is so alarming that the country exported none of its own gold in April, while Kenya exported 40 kilograms of smuggled Ugandan gold.  Some citizens have said police are not responding to calls for them to act on illegal activities. Other reports indicate government officials are profiting from illegal operations through illicit tax collection.”

http://www.mining.com/illegal-gold-mining-costs-uganda-millions-in-lost-revenue-35809/

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