How Tanzania loses revenue in illegal Tunduma forex
Informal currency traders at the Tunduma border in Songwe display bundles of Tanzanian shillings and Zambian kwacha, providing quick exchange services to travelers and traders crossing the frontier.PHOTO/ ALI MLANZI
Dar es Salaam. It is 9am at the Tunduma border in Songwe region. The lorry queue barely moves a hundred metres, yet another business is thriving at full speed—a black market for foreign currency.
The area, locally called Kilimanjaro, is not the northern region of Tanzania but a busy border post connecting the country to Zambia and serving as a gateway to the Democratic Republic of Congo (DRC).
