Summary
Government praised for strengthening the mining sector as investor confidence continues to grow.
DAR ES SALAAM: Tanzania’s mining sector continues to gain momentum, with industry players commending the government for strengthening sector governance through greater transparency, effective law enforcement, and the adoption of formal trading systems that have boosted investor confidence, improved business efficiency, and increased the sector’s contribution to the national economy.
The remarks were made by leading Tanzanite trader Mr. Taikoo Kulunju Oletipa after visiting the Mining Commission pavilion at the ongoing 50th Dar es Salaam International Trade Fair (DITF), popularly known as Sabasaba.
Speaking after the visit, Taikoo said the reforms implemented by the government through the Mining Commission have significantly improved the business environment, attracted both local and foreign investors, and enhanced productivity across the mining industry.
“The government, through the Mining Commission, has consistently engaged and listened to stakeholders in the sector. This collaborative approach has resulted in reforms that continue to drive the sustainable growth of Tanzania’s mining industry,” he said.
He also described the trade fair as an important platform for educating stakeholders and the public about Tanzania’s abundant mineral resources and the wide range of investment and business opportunities available in the sector.
Although he has spent many years trading Tanzanite and gold, Taikoo said the exhibition had exposed him to other valuable minerals with significant economic potential.
“I have been involved in the Tanzanite and gold business for many years, but this exhibition has given me an opportunity to learn more about other valuable minerals such as iron ore from Liganga and lithium. Tanzania possesses enormous mineral wealth that deserves continued promotion and development for the benefit of all Tanzanians,” he noted.
Meanwhile, the Director of Information for the Tanzania Mineral Traders Association (CHAMATA), Mr. Mokia Ole Mrefu, said the government’s decision to open new gemstone mining opportunities in Manyara Region reflects its commitment to expanding the country’s mineral industry and increasing the sector’s contribution to economic growth.
He noted that an area long known for producing Tanzanite is now opening up investment opportunities in other precious gemstones, broadening the country’s mining portfolio and creating new business prospects.
“Tanzania is richly endowed with mineral resources, and this exhibition has provided a clear picture of the vast opportunities available across the mining value chain—from exploration and extraction to mineral trading, value addition, and investment in mineral-based industries. These opportunities are vital for accelerating the country’s economic development,” he said.
The Mining Commission’s participation in this year’s Sabasaba exhibition continues to showcase Tanzania’s rich mineral potential while highlighting ongoing government efforts to create a competitive, transparent, and investor-friendly mining sector.
