In Tanzania, Officials report that small-scale miners have been instrumental in this success, boosting gold production by nearly $1.5 billion between 2021 and 2025, achieving 96 percent of the government’s targets, and cementing mining as a key pillar of Tanzania’s economic growth.
Small-scale miners in Tanzania have significantly boosted the country’s economy, contributing to a $1.5 billion increase in gold production between 2021 and 2025, achieving 96% of the government’s targets. This success is attributed to the government’s support through improved access to markets, education, and legal frameworks, which has helped formalize the sector and increased the contribution of small-scale miners to total revenue. This growth solidifies mining as a major contributor to Tanzania’s economic expansion.
The strategy of the government led by Dr Samir is to increase jobs for Tanzanians. One way of achieving this is by attracting Investors especially those who create employment for both skilled and unskilled workers.
KASSIM MAJALIWA, Prime Minister
The government has facilitated this growth by increasing the number of mining licenses, establishing mineral markets and buying centers, and improving access to financing and technology.By strengthening support and increasing legal mining licenses, the government has enabled many local miners to work legally, which has boosted revenue collection and made mining a more secure and recognized pillar of the economy.
Tanzania stands out to be vested with a huge deposit of minerals that are now in demand, specifically graphite.
EVANS RUBARA, Analyst
Experts have it that , The current mining industry in Tanzania has been a mixed grill of successes and failures. Despite the many ups and downs over the years, several ‘wins’ have been witnessed by the sector following revision of the Mining Act CAP 123 R.E. 2019 and enactment of the laws on sovereignty in natural resources and renegotiation of unconscionable terms on agreements entered by the government on natural resources
