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Tanzania: Uncovering Shadows - Exposing Illicit Financial Flows in Tanzania's Mining Sector...
08 Oct, 2024 08:51 40 min read
Tanzania's mining sector, a key contributor to the economy, faces significant challenges from illicit financial flows (IFFs), particularly through mis-invoicing, tax evasion, and mineral smuggling. These practices undermine the country's revenue and development efforts. Stakeholders, including government and industry experts, call for stronger tax administration, enhanced transparency, and better regulatory enforcement to combat IFFs and protect Tanzania's economic stability.... More