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Vol 56 No 9

Published 1st May 2015


Zimbabwe

Illegal gold exports

Chinese business people are accused of smuggling gold out of the country with the connivance of senior ruling party officials

Securocrats and political bigwigs in President Robert Mugabe's Zimbabwe African National Union-Patriotic Front (ZANU-PF) are colluding with Asian entrepreneurs, mainly from China, to export US dollars, gemstones and gold illegally, Africa Confidential has learned. The government is now in a quandary. It urgently needs all the foreign exchange and tax revenue it can get but moving against the smugglers could incur the wrath of their senior protectors.

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