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Tanzania: Petra Diamonds shares slide after consignment confiscation

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Petra Diamonds continues to fight a slide in its share value after Tanzania accused its diamond industry of 'economic robbery'. President Magufuli has declared what he calls a 'commercial war' on the sector, accusing companies of undervaluing gems to avoid tax. Petra says it has always complied with the government's rules and standards. Daniel Kijo has more.Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on:Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica


Africa News CGTN Africa Daniel Kijo Tanzania Tanzania mining laws Tanzania mining Global Business
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