Minister of Minerals, Hon. Anthony Mavunde, has urged Tanzanians involved in the mining value chain to seize the significant opportunity presented by the procurement of goods and services within the mining sector, which amounted to Tsh 3.1 trillion in the 2023/24 fiscal year.
The Minister made these remarks in Dar es Salaam during the official launch of the Tanzania Mining Services Association (TAMISA). He highlighted that investment in Tanzania’s mining sector is growing steadily, thanks to favorable policies implemented by the government under the leadership of President Dr. Samia S. Hassan.
According to Minister Mavunde, the formation of this association will provide a unified voice for Tanzanian service providers and suppliers, enhancing their ability to compete in the mining sector. He expressed a strong desire to see the Tsh 3.1 trillion remain in the hands of Tanzanians, which would stimulate the national economy by establishing factories to produce goods and services needed in mining operations.
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"I commend TAMISA for responding to my directives on forming this association. I believe it will serve as a solid platform for the success of Tanzania’s private sector," Mavunde said.
TAMISA’s Chairman, Peter Kumalilwa, explained that the association aims to bring together service providers and suppliers in the mining industry, offer advice to the government on how to empower Tanzanians to benefit from the mining sector, and collaborate with the government to address key challenges related to local content policies.
Delivering remarks on behalf of the private sector, Octavian Mshiu, a board member of the Tanzania Private Sector Foundation (TPSF) and Chairman of the Service Cluster, praised the government’s current efforts to attract investment and support private sector growth. He assured that TPSF would work closely with all stakeholders to ensure Tanzanians capitalize on the opportunities presented by the mining economy.