The debate about Tanzania's gold reserves has produced more heat than light.
When Minister of State in the President's Office Investment and Planning, Prof Kitila Mkumbo, confirmed in London that President Samia Suluhu Hassan had directed the Bank of Tanzania to proceed with a partial sale of its gold holdings, public conversation split into two camps: those insisting this is routine central banking and those who fear the country is pawning the family silver under technocratic language. Both are missing the more consequential question.
