The Mining Commission has stepped up efforts to improve the valuation system for gemstone minerals as part of wider reforms aimed at increasing transparency, efficiency, and government revenue from the mining sector.
The Executive Secretary of the Mining Commission, Eng. Ramadhani Lwamo, said the focus is on strengthening cooperation between the Commission and key stakeholders in the sector, especially in the setting and updating of indicative prices for gemstones.
He said the reforms are intended to ensure fair valuation of minerals, improve accountability in mineral trading, and create a more stable and predictable business environment for all players in the sector.
Eng. Lwamo made the remarks during a working meeting with gemologists and mineral valuers held on April 22, 2026, at the Mining Commission headquarters in Dodoma.
He said the ongoing collaboration between the Commission and stakeholders has already started delivering positive results, including improvements in valuation systems and increased government revenue collected from the trade of gemstones and diamonds.
According to him, the reforms are helping to strengthen confidence in the sector while ensuring that the country benefits fairly from its mineral resources.
He added that the initiatives are aligned with the Commission’s target of collecting TZS 1.2 trillion in the 2025/2026 financial year.
To achieve this, the Commission is also strengthening the availability of skilled valuation experts and improving working tools used in mineral assessment to boost efficiency.
Eng. Lwamo emphasized that investing in technical expertise and modern equipment is key to ensuring accurate valuation, reducing disputes, and preventing revenue losses in the mineral value chain.
He also commended staff of the Mining Commission for their continued commitment and urged them to maintain high levels of professionalism and dedication in order to meet and exceed set targets.
The meeting is expected to be followed by special technical sessions that will review and update indicative prices for gemstone minerals.
These sessions will bring together key stakeholders in the sector, including FEMATA, TAMIDA, TAWOMA, and CHAMATA.
The consultations aim to strengthen coordination among stakeholders and ensure that gemstone pricing reflects both local and international market conditions, while also protecting national interests and maximizing public revenue.
The government continues to position the mining sector as a key driver of economic growth, with ongoing reforms focusing on transparency, fair valuation, and improved contribution of natural resources to national development.
