Mining revenue hits 1.338tri/-
DAR ES SALAAM, June 28 -- THE countrys mining sector has generated 1.338tri/- in governmen t revenue this financial year, surpassing the 1.2tri/- target, Minister for Minerals Anthony Mavunde said yesterday.
Launching the Tanzania Mining and Investment Conference (TMIC) 2026, Mr Mavunde said the sectors strong performance reflects significant progress in value addition, local participation, revenue collection and geological exploration, positioning Tanzania as an emerging regional hub for mineral processing and investment.
He said mining revenue has surged from 161bn/- in 2015 to 1.338tri/- this financial year, prompting the government to set a higher collection target of 1.4tri/- for the 2026/27 financial year.
Mr Mavunde attributed t...
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