Govt Vows To Continue Setting Up Friendly Policies, Environment To Woo More Investors Into Mining Sector -

By Baraka Temba, Geita

THE
Government has said it will continue setting up a friendly environment
and good policies to help attract an influx of potential
investors in the country’s minerals sector,
as well as the others.

In his remarks during an event for the official
launching of the offices of the ‘Jema Africa’, held today (November 12, 2023)
in Geita Region, the Minerals Minister, Mr Anthony Mavunde said the government
was understanding and value the contributions of investors in promoting the
country’s economy.

The company, Jema Africa, deals with processing of gold.

“The Sixth Phase Government (SPG) under the
leadership of President Dr Samia Suluhu Hassan will continue promoting good
investing environment so as to attract diverse high profile investors from
within and outside the to chip-in and investing highly onto different
prestigious economy opportunities that the country has been endowed with,
” Mr Mavunde insisted.

He detailed that the Government was pocketing at
least 3.2bn/- in each month in terms of revenue from the minerals processing
plants from Geita Region, saying the installation of the new factory of Jema
Africa would push the said revenue even higher.

Speaking for his part, Geita Regional Commissioner
(RC), Mr Martin Shigela hailed Jema Africa for extending their investment
footholds in the region.

Similarly, he challenged other investors to see the
need to invest in the fast growing Gold- Hub Region.

The Executive Director with Jema Africa, Mr Jumanne
Bukiri, for his part, hailed the Sixth Phase Government (SPG) for putting in
place a supportive environment and policies that allow investors to invest more
patriotically.