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Tanzania Gold Exports Up 30% in Year Through June, Bank Says

Gold exports from Tanzania, which vies with Mali to be Africa’s third-biggest producer of the precious metal, climbed 30 percent $2.3 billion in the year through June, the Bank of Tanzania said.

The current account deficit, the broadest measure of trade in goods and services, widened to $4.3 billion in the year to June 30 from $2.3 billion in the same period a year earlier as oil imports surged, the Dar es Salaam-based central bank said in a report e-mailed today.