The Mining Commission has continued to strengthen its reputation for sound financial management after receiving an unqualified audit opinion for the 2024/2025 financial year while collecting Government revenue amounting to TZS1.192 trillion, equivalent to 99 per cent of its annual target.
The achievement was announced in Arusha on May 19, 2026 by the Commission’s Director of Finance and Planning, CPA Idfonce Masoud, during a working session bringing together accountants and economists to enhance financial management and institutional performance.
CPA Masoud said the clean audit opinion followed the completion of an audit conducted by the Controller and Auditor General, whose report was submitted to President Samia Suluhu Hassan in March 2026.
He said the audit outcome reflects growing transparency, accountability and prudent management of public resources within the Commission, noting that adherence to International Public Sector Accounting Standards (IPSAS) had played a major role in improving financial reporting and reducing audit queries.
According to CPA Masoud, the success was driven by professionalism, discipline and commitment among the Commission’s accountants and economists, alongside the efforts of Resident Mines Officers across the country in strengthening revenue collection.
He also credited effective leadership and supervision from the Executive Secretary of the Mining Commission for helping the institution maintain strong revenue performance.
“I take this opportunity to sincerely commend you for your dedication in supervising revenue collection up to May 15, 2026,” he said.
CPA Masoud urged participants attending the session to use the training and discussions to improve efficiency, strengthen financial systems and enhance service delivery across the mining sector.
Speaking during the meeting, Arusha Resident Mines Officer Godson Kamihanda described the gathering as an important platform for exchanging experiences, addressing operational challenges and developing practical solutions aimed at improving institutional performance.
He said the training sessions and deliberations were expected to strengthen revenue administration, promote accountability and support growth of both the Mining Commission and the national economy.
The working session includes training on the use of the Integrated Digital Revenue Administration System (IDRAS), preparation and management of revenue arrears reports, financial statement preparation, budget management and expenditure control, as well as workplace ethics and accountability.
