MAGUFULI: Tanzanite firms ‘are not paying us enough tax’
Tanzania President John Magufuli. He inaugurated the Great Mirerani Wall, a 24.5km wall surrounding Mirerani tanzanite mine on April 6, 2018. PHOTO | REUTERS
Tanzania has been losing more than $16.3 million in illegal tanzanite exports, as it emerged that only 25 out of 1,700 mining firms were paying tax, denying it much needed revenue.
Even as talks between the government and Tanzanite One Mining Ltd are going on, President John Magufuli on Friday said the tanzanite trading company has been cheating on the actual value of the precious gemstone for a long time.
