Establishment of Gold Trading in East Africa

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Establishment of gold trading in East Africa, Tanzania, Uganda, Kenya, Rwanda…:
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Our company provides a comprehensive service that can help foreign companies establish a successful gold trade in East Africa. By offering refining and buying capacity, promotional strategies, skilled recruitment, office setup, and more, our company can help streamline the process and maximize the efficiency and profitability of gold trading operations.

It is important for foreign companies to work with reputable and experienced partners when exploring business opportunities in new markets, and our company can offer the expertise and resources needed to succeed in the East African gold trade.

At $12,000, our service fee is reasonable and could potentially provide a good return on investment for companies looking to enter the East African gold market. However, as with any business venture, it is important to conduct thorough research and analysis before committing capital and resources to this venture.

About our business

Our company GOLDIVANTI LP is since 2009. in business of gold and diamonds.

In Europe, back in 2009 and 2010, we have financed the establishment of gold trade in Croatia, Bosnia, Serbia, Slovenia. We have been trading gold, organizing people, and managing gold trade in Europe and purchased and sold kilograms of gold.

Many of local companies followed our exemplary gold trade marketing and business. More than 500 businesses opened due to our business influence in Eastern Europe. We have been purchasing mostly scrap gold and investment gold bars and coins from citizens and sold it fruther to gold refineries and gold buyers in Slovenia, Austria, Germany, United Kingdom and Italy.

With such extensive experience in Europe, later in time in 2012, we have established gold trade in Tanzania. Today we are in business of helping clients to setup and establish their gold trade and gold mining activities in all of the East Africa.

How can we help you establish international gold trade

We can help you PURCHASE gold from East Africa and other countries.

We speak of real ground business for which you need to invest time, money, effort, and resources for organization and management.

This is the trade service for gold traders.

We work with Uganda, Tanzania, Kenya and neighboring countries, including with South American countries, Russia, some West African countries, and Eastern European countries as sources of gold.

The full business startup fee for the Establishment of Gold Trading in East Africa is US $12,000 payable in advance or in two parts by US $6,000 two times.

We help people establish objectively real gold trade

We can help gold traders, gold buyers to establishing objectively real and profitable business in the country.

Purpose of establishment is for gold trade to take place.

Failure to establish properly leads to increased risks and interruption of gold trade activities.

It may lead to unexpected losses and waste of money and resources.

The full business startup fee for the Establishment of Gold Trading in East Africa is US $12,000 payable in advance or in two parts by US $6,000 two times.

Here is the summary of objectively real gold trade establishment service.

1. Gold trade headquarter is first step in establishment of gold trade in country. Think of it as main office. It includes establishment of remote gold buying offices in the country, this includes security issues, safe storage and transport of the gold and all the licensing issues. Gold trade headquarter serves as main office which also pays the highest prices and as a place of administration, training and management of staff members. We recommend establishing remote gold buying offices in various regions of the country which will be managed from the main office. Our recommended security policies make sure that no gold may be stolen from headquarter or remote gold buying offices.

2. Recruitment of Staff Members includes recruitment and training of personnel for gold trading activity in the country. While many foreigners prefer not trusting local staff members, we think that such attitude is wrong and that one has to work with many local citizen. We have devised proven methods in our business to select among hundreds of people those few skilled, trusted, and able staff members. Main focus shall be on the selection of gold trade operation managers and not so much on workers. Workers are available and may be hired in quick manner.

3. Gold trade equipment is all the necessary what is needed for gold trade, it includes balance scales, selection of suitable melting ovens or furnaces, crucibles, molds, safekeeping boxes, alarms, double door security, communication lines, cameras, hallmarks for gold, full refining equipment for 2 kg per day, plus basic administrative furniture, computer, and software for administration of gold trade business, inventor.

4. Organization and management. By recommendation of the mentor, first officer to be chosen shall be Communication and Reporting Officer I/C, where I/C means in-charge, and where multiple such officers shall be working in the same area of communication and reporting. Once one of them shows good conduct and performance they shall be chosen for communication executive secretary and the other one for organization executive secretary. First one being for communications, legalities, policies, and second one being responsible for accounting, training, production and public matters. Organization and management includes organizing people, office space, physical location, business licenses, bank account, and gold purchasing equipment and similar

5. Training and Know-How is part of the organization and management of the business. Know-How is the technical knowledge and skill required to do something. It involves strategies such as relationship management, understanding the market, gradual purchase of any quantities of gold in first days, later kilograms in next months, understanding the trade, understanding how to maximize profits on sales of gold. Did you know that some jewelers will pay 5% or 10% more than the market price? It involves upgrading product and manufacturing semi-products or final products involving gold, thus maximizing final profits. It includes best practices for export of gold to best paying places.

The full business startup fee for the Establishment of Gold Trading in East Africa is US $12,000 payable in advance or in two parts by US $6,000 two times.

Examples of subjective unreal gold trade

We cannot help you if you happen to have subjective and unrealistic expectations which are objectively grossly out of the world and common ways of the real gold trade business. This happens too often.

• you have expectation that somebody will send you gold without coming, or without your physical presence on the ground, or without cash payment on the ground. This type of trade is possible only for large well established and reputable refineries;

• you have expectations without having your own capital;

• or maybe you do not properly envision and research all the necessary efforts and actions you have to do before buying gold, or maybe attempt buying more than you have capital;

• or you start listening to some online virtual offers, usually related to fraudulent dealing, and start believing what we in gold trade business know to be fraudulent.

We have welcomed gold buyers to Uganda, Tanzania, Kenya, and too often we have met people with subjective and unrealistic expectations. This type of people come to country, and they go. Often they are motivated by deals that have been presented to them through online offers, more often those deals were fraudulent. Potential gold buyers come with unrealistic expectations and never establish their local business and thus fail in doing any gold trade.

Our trade service helps upcoming and experienced gold traders to get gold quantities in East African countries.

About Start Your Own Gold Mine program

We have financed the creation of the program Start Your Own Gold Mine. Our clients interested to open a gold mine may be introduced in the business of gold mining in East African countries such as Tanzania, Uganda, Kenya, Rwanda, and few others in West Africa, South America or Australasia.

With over 350 mining sites available and many Preliminary Site Assessment and Inspection projects conducted, we can say to know many of the profitable mining locations. Thus we can help the businessman establish a local company, obtain all necessary resources, provide U.S. patented technology to recover even the fines gold particles. The business startup program Start Your Own Gold Mine has already helped foreign and local investors to understand practical details of the gold recovery, safety on mining sites, mining site planning and management.

We help people who wish to start their own gold mining business

The fees for the program are US $22,000 when businessman is to obtain first 3 kilograms, while our side receives 2 kilograms of gold as award and full remuneration on the end of the program. Businessman may continue doing the business afterthat. The equipment we provide from our side is to process 80 tonnes of soft ores or tailings, crushed ores while hard rock ores have to be crushed with third parties. We may borrow the crushing machinery under certain conditions, howeve,r the equipment would yet belong to us.

In case where businessman wishes to obtain full service to open up a small scale gold mine, with the full machinery and equipment to crush 2 tonnes of hard rocks per hour and about 80 tonnes of soft ores per working day of 10 hours, we have a service fee of US $66,000. It relates to the full business startup in the level of small scale mining and may yield with more or less one kilogram of gold per month.

Startups are focused on East African countries such as Tanzania, Uganda, Kenya, Rwanda and Congo.

Gold trading business and establishment services are included

For each of clients who are engaging in the Start Your Own Gold Mine program, either with the US $22,000 (plus 2 kilograms) or US $66,000 fee, we are providing special service to help the client to use the license for trading of gold and other minerals, when necessary diamonds or gemstones.

Licenses for trading of gold may be issued only to local company, be it in Uganda, Tanzania, Kenya or other neighboring East African countries. There exist also one time licenses for foreign companies to purchase gold from the country.

In Tanzania there is legal need for a local citizen as a shareholder, and we can solve this legal issue easily for you, without considerable expenses.

We are working together with our staff members who are in posession of such a license to trade with gold and minerals in all East African countries.

Even those people who only wish to engage in trading of gold in East Africa like in Uganda, Tanzania, Kenya, without being engaged in Start Your Own Gold Mine program, we are providing the service of Establishment of Gold Trading in Tanzania meaning a full service with following benefits and advantages:

• Face to face business in Uganda, Tanzania, Kenya or Rwanda with the client and our company members;

• Provision of the agreement where the owner receives 100% equity in gold trading transactions in East Africa, and where one may use the license as issued to our local citizen as staff members;

• Assistance in obtaining the work permit, and residency in Tanzania, Uganda or Kenya;

• Establishment and registration of a Tanzanian company or Ugandan company or Kenyan company;

• Provision of rental houses, accommodation, and travel means.

• Strategic planning and database resources so that gold may be purchased quicker and easier, directly from local miners.

• Visits to multiple mining areas in Tanzania, Uganda, Kenya where the owner may find the sources of gold.

• Meeting with the dealers in Tanzania, Uganda, Kenya who make sure that gold may be sold for almost the spot prices such as 97% to 105% of the market price.

• Provision of scales, refining equipment, melting ovens, specific gravity measurements, acids and other gold testing and assaying tools.

The full business startup fee for the Establishment of Gold Trading in East Africa is US $12,000 payable in advance or in two parts by US $6,000 two times.

First is for the company establishment and purchase of equipment and the second part upon arrival to country and upon the meeting face to face.

It may require even 30 days and longer for the administration to be finished before the gold transactions may take place.

Gold market prices in Tanzania in short and estimated income

The gold market prices in Tanzania when gold is obtained from dealers, and by dealers we mean in any city of Tanzania, are close to the gold market prices, where the maximum discount is 1%. Gold is demanded and to obtain it even with 1% discount is very difficult. The best dealers in Tanzania are not paying discounts, they are paying premiums, on top of the gold market price.

Now, how is then possible to make the gold trading in Tanzania?

What gold dealers are afraid of are the mining sites in bushes, and those are the places where we go to purchase the gold.

The mining price in bushes is around 80% or 20% discount off the market price. To purchase any considerable quantity from mining sites, one need to engage in traveling, relations with local miners, one need to establish the office on local mining sites, and need to provide better services to miners, so that more gold may be purchased. We advise our clients on how to buy gold in this manner.

Gold market prices in Uganda and Kenya are about the same as in Tanzania.

Estimated income from gold transactions in Tanzania

Here is the calculation of the estimated income of gold trade in Tanzania. While it is almost impossible to buy 1000 grams from one single miner, this calculation is showing the estimated income, when gold is purchased from multiple miners.

Estimate of gold transaction: Tuesday 2022-06-07 (GMT+3) 11:28:38
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Seller: Local miners
Broker: Our staff member
Consultant: Foreign Investor (YOU)
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Gold Trade Transaction Estimate
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Estimated impurity weight in 1000.00 grams is 3.00%
Estimated weight after melting is: 970.00

Broker offers gold price of 117548.88 Tsh. per gram.
The total proposed payment would be: 114022413 Tsh. for 970.00 grams of gold,
with the purity of 95.00%, with the gold price per gram being 117548.88 Tsh.

Gold market price per gram: 138292.80 Tsh 
Pure gold grams: 921.50 x 138292.80 x 4.00% = 4842598.00 Tsh in royalties
Sales price per gram: 127436.82 Tsh x 921.50 grams = 123613710.85 Tsh.
INCOME = 123613710.85 Tsh - 118865012.68 Tsh = 4748698.17 Tsh

This amount of 4,748,698 Tanzanian shillings is equivalent to US $2043
or € 1903 on accomplishment of purchase and sale of one kilogram of
gold. Such business may take a week or longer.

Thus the potential earning in the first month with purchase and sale of few kilograms of gold may amount to US $5,000 to US $10,000.

Next following months it becomes possible to buy more and more gold due to the establishment of local business relationship.

Strategies on how to start buying gold in East Africa

Gold and its demand are prevalent across Africa, with market prices soaring high in cities such as Kampala, Nairobi, Arusha, and Dar es Salaam. Dealers in different cities offer varying buying prices, with Nairobi and Arusha dealers offering 100% and Dar es Salaam even stretching up to 105%. Patel in Kampala is known to pay 100%, but the caution lies in verifying the accuracy of their assaying before dealing with them. Refineries in Kampala offer market prices, which is why most dealers prefer selling gold within the local market.

Foreigners are perceived as more honest than locals in Africa, which is why African gold sellers tend to sell to “American” buyers, giving them an advantage. By having an American flag or symbols of stars in their offices, buyers can attract more sellers to their business. Establishing a professional-looking office, maintaining honesty, transparency, and organization can ensure long-term customers.

To make the gold buying experience more comfortable for sellers, offices should have receptions, a seating area, and a small kitchen to offer water, coffee, and biscuits to traveling buyers. Ensuring transparency in gold assaying and accounting can help buyers retain long-term customers. Supporting verified miners with basic equipment, supervision, and transportation can boost profits in the long run.

Establishing remote buying offices to purchase gold before it reaches the city and partnering with independent agents can be a profitable business venture. The agents work exclusively for the buyer, with the agreement that they sell gold at a fixed price. The organization can send its agents to promote the buying price actively in remote areas, and strategically place cameras to secure the gold and the buyers. Providing basic equipment and training to miners can keep the business running smoothly and ensure a steady income.

The Start Your Own Gold Mine program is an excellent opportunity for buyers who are also gold miners. Understanding the strategies mentioned above can help create an organized and profitable business. Establishing an organization that can function independently, even if one person is away, is a crucial aspect of the business. Delegation of tasks and a well-organized business structure can ensure long-term success.

Warning indications for gold trade in East Africa

Beware of the warning indications, that a proposed deal is a possible fraud:

• when gold is offered very cheap in larger quantities from main cities. That type of offer is impossible for the reason that in every major city in East Africa gold may be sold easy and for cash to established dealers. This information is about the establishment of gold trade in East Africa, and you can imagine there are other gold dealers well established and doing business. Why would somebody sell gold cheaper to you who is not in the country, rather than to the established gold dealer for the highest or world market price? There is no reason for it. Diamond Plaza in Nairobi, Kenya is gold market place, miners can easily sell gold there for market prices. Arusha and Dar es Salaam are cities in Tanzania where people can sell gold often for more than market prices. Kampala, Uganda is full of gold dealers where one can sell gold for market prices less 1% or 2%.

• when you receive the email or you see the offer on any website, that claims to have substantial, multiple kilograms of gold, discounted, and ready to be sold to foreigners. When it would be real gold, it would be easily sold locally to the local dealer.

• when the offer claims that gold “arrived from Congo”, well believe me, the import duty of 25% on gold in Tanzania would be too much of a price to be paid. And nobody is preventing Congolese gold owners to fly directly to some of the good refineries such as http://www.ipmr.com or http://www.emiratesgold.ae in United Arab Emirates. Simply said, gold if in quantities, can easily be sold to refineries in Emirates. And if the gold would be smuggled, that is illegal, and you would be required to explain where and how you got it. However, nobody until today ever bought gold in quantities with discount from Tanzania, unless there was some substantial investment in one of the mining companies.

• when the gold owner is claiming that you need to pay only the taxes and duties and promising you to send gold to your refinery account without payment in advance, this is a big warning indication and sign of fraud. The only duty to be paid on export is the royalties, and nobody will give you gold without payment. As simple as that. So called “C.I.F.” payments are reserved for relations between gold owners and reputable refineries, and gold is never to be sent without payment to unknown people or unknown companies.

• when the offer claims to have “nuggets” and you are shown multiple same-looking button-like yellow and shiny “nuggets” on pictures, well, beware, as there are not even 2 nuggets that are the same. You can see here our true and natural nuggets and how they look like, and compare it with the fake “gold nuggets” that you may find in such nonsense offers.

Related pages

• Mine-to-Market Gold Club Membership
  Experience the exceptional Mine-to-Market Gold Club Membership in Uganda, where you can engage with a vibrant community of miners, explore numerous mining shafts, and access top-notch mineral processing workshops, offering a direct gateway to procure the finest Ugandan gold.
• The Gold Trade in East Africa: Understanding the Market and Approach
  The gold trade in East Africa is booming, with ample opportunities for business deals. However, foreign traders often struggle to navigate the market due to differences in mentality and approach. In this article, we will explore the key factors that gold traders need to understand in order to succeed in this region.
• Key Strategies for Successful Gold Buying in Uganda
  As a mentor in the Start Your Own Gold Mine program, I understand the excitement and potential that comes with investing in gold, especially in the rich mineral landscapes of Uganda, Kenya, Tanzania, and the Democratic Republic of Congo. However, it is crucial for new gold buyers to approach this venture with caution and comprehensive knowledge. The prevalence of scams targeting foreign investors can pose significant risks, making it essential to adopt special safety precautions to protect your investment and ensure a successful transaction.
• Categories of Available Gold for Trade and Export
  At Start Your Own Gold Mine, we collaborate with genuine and licensed gold dealers across East Africa to offer a diverse range of gold categories available for purchase in Uganda, Kenya, and Tanzania. These categories cater to various investment needs and preferences, ensuring that our clients can find the perfect gold type to suit their trading and export requirements.

Send your inquiry to GOLDIVANTI LP

Contact GOLDIVANTI LP now. There is a simple rule at GOLDIVANTI LP: if we can help you, we do, whenever and wherever necessary, and it's the way we've been doing business since 2009, and the only way we know

Contact Mr. Jean Louis by Telegram at username @rcdrun or by WhatsApp Business.

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