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Gold Smuggling and the Plunder of the DRC

In: African Gold

Author

Listed:
  • Roman Grynberg

    (University of Namibia)

  • Fwasa K. Singogo

    (University of Namibia)

Abstract

The smuggling from mineral-rich DRC and the consequences for the regional war economy that has evolved over the last 25 years are considered in detail in this chapter. The smuggling from the DRC is not a result of tax policy but of a high transaction cost and is a direct product of the long years of war in the eastern DRC since the Rwandan genocide in 1994. This has resulted in large scale and widespread gold production using ASGM methods, and the smuggling of gold to neighbouring countries including Uganda, Rwanda, Burundi and Tanzania. This smuggling is in large measure because of the violence in the region, as well as the absence of infrastructure in the DRC for the international trade in gold, along with the absence of refining capacity. Neighbouring countries have therefore become the principal conduits and substantial beneficiaries of this international trade.

Suggested Citation

  • Roman Grynberg & Fwasa K. Singogo, 2021. "Gold Smuggling and the Plunder of the DRC," Springer Books, in: African Gold, chapter 0, pages 247-278, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-65995-0_8
    DOI: 10.1007/978-3-030-65995-0_8
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    Cited by:

    1. David Bilungule Bakamana, 2021. "Culture of war, instability and sustained contemporary conflicts across African states," Bussecon Review of Social Sciences (2687-2285), Bussecon International Academy, vol. 3(1), pages 28-35, January.

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