Cameroon takes action to curb fraud in its gold sector
The government of Cameroon has announced enhanced controls in the gold mining sector to increase tax revenues.
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The first phase will be launched in August and aims to allow the state to collect around $680 million in taxes and customs from approximately 17 tonnes of gold production between 2025 and 2026.
These measures follow a finding that official gold production figures are often higher than actual levels, with authorities seeking to close this gap to benefit public finances.
By relying on on-site checks, the state hopes to address discrepancies which currently benefit neither the public purse nor the mining sector.
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