Gold rush or gold bust? Malawi’s smuggling crackdown faces credibility test
Malawi is attempting to use gold to support its struggling economy through a state-backed scheme. This initiative aims to intercept gold before it is smuggled out of the country. The plan is based on a claim that $100 million worth of the metal is involved. Questions have now been raised regarding the evidence supporting these claims.
Malawi’s latest bid to turn gold into a lifeline for its struggling economy is facing uncomfortable questions about the evidence on which it has been built. A state-backed scheme designed to intercept gold before it is smuggled out of the country rests on a headline-grabbing claim that $100 million worth of the precious metal is […] The post Gold rush or gold bust? Malawi’s smuggling crackdown faces credibility test appeared first on Malawi News | Breaking News, Politics, Business & Sports | Nyasa Times .