Mining revenue beats target, reaches TZS 1.27 trillion

By Our Correspondent, Dodoma

Tanzania’s mining sector has surpassed its revenue collection target for the 2025/26 financial year, generating TZS 1.27 trillion by June 5, 2026, equivalent to 105.8 percent of the annual target, with 26 days still remaining before the close of the fiscal year.

The achievement puts the sector on course to collect about TZS 1.3 trillion by the end of June, underscoring its growing importance as a major contributor to government revenue and economic growth.

The milestone was announced during a meeting of employees from the Ministry of Minerals and its affiliated institutions, where officials were urged to build on the success and prepare to meet an even higher revenue target of TZS 1.4 trillion in the 2026/27 financial year.

Addressing the meeting, Permanent Secretary Eng. Yahya Samamba said the achievement reflected the impact of ongoing reforms and improved oversight in the mining sector. 

However, he cautioned against complacency, calling on staff to strengthen professionalism, accountability and compliance with policies, regulations and laws governing the industry.

“The results we have achieved should inspire us to work even harder. The mining sector remains a strategic pillar of the economy, and we must ensure it continues to deliver greater benefits to Tanzanians,” he said.

The meeting brought together employees from the Geological Survey of Tanzania (GST), Tanzania Extractive Transparency Initiative (TET), the Mining Commission, State Mining Corporation (STAMICO) and the Tanzania Gemological Centre (TGC).

Samamba emphasized that public servants have a duty to serve all citizens fairly and professionally, regardless of political affiliation, religion or nationality.

“Every citizen deserves equal treatment. When we provide services fairly and efficiently, we strengthen public trust in government institutions and contribute to national development,” he said.

He described ministry staff as the engine driving growth in the mining sector, noting that effective management of mineral resources plays a crucial role in boosting government revenues, attracting investment and supporting economic transformation.

The Permanent Secretary also warned against corruption, negligence and poor work ethics, saying such practices could undermine public confidence and damage the reputation of institutions that have worked hard to achieve positive results.

“A single act of corruption can overshadow the efforts of many honest employees. We must safeguard the integrity of our institutions and ensure that our actions reflect the values expected of public servants,” he said.

Samamba further called for stronger collaboration among institutions under the ministry, stressing that the success of one agency is closely linked to the performance of others.

“No institution operates in isolation. Delays in one area affect the performance of others. We must continue working as one team if we are to achieve our shared objectives,” he said.

In a message delivered on behalf of Minerals Minister Anthony Mavunde, employees were congratulated for exceeding the 2025/26 revenue target and encouraged to maintain the same momentum in the coming financial year.

The minister’s message noted that the Mining Commission has been assigned a revenue collection target of TZS 1.4 trillion for 2026/27, a goal that will require greater accountability, integrity and professionalism across the sector.

The strong performance highlights the growing role of mining in Tanzania’s economy, with increased production, improved regulatory oversight and stronger compliance continuing to enhance the sector’s contribution to national development.

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