Mineral theft is economic sabotage
Editor, RE: “Who’s stealing Rwandan minerals? Coltan worth US$2m stolen in Dar” (The New Times, October 19).
Tuesday, October 20, 2015
Editor,
RE: "Who’s stealing Rwandan minerals? Coltan worth US$2m stolen in Dar” (The New Times, October 19).
This may not be theft as it seems; it may indeed be economic sabotage. As indicated, there is higher insurance costs, and higher monetary costs, because one has to deliver 100% before any advance, meaning that one had all money invested in advance.
But worse, if this is economic sabotage tomorrow it will be coffee, tea…thus suffocating Rwanda foreign currency earning. Action is needed very fast to get a permanent solution.
Mathew