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Mining for a Brighter Tomorrow Programme Expands Opportunities for Youth and Women

Habari mpya za civil society Tanzania · maelezo ya Mining for a Brighter Tomorrow Programme Expands Opport… · imesasishwa 13 Aug 2026 · habari mpya · masasisho · maelezo

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Muhtasari

  • Bank of Tanzania Domestic Gold Purchase Programme BOT launched its Domestic Gold Purchase Programme on 1st October 2024 to implement the 20% gold purchase commitment set out in Section 59 of the Mining Act (Cap 123).
  • In addition, it has signed 14 Memoranda of Understanding (MoUs) with investors whose mining projects have yet to reach production, while continuing to expand access to financing for qualified small-scale miners.
  • Under the programme, gold sellers deliver their gold to one of three BOT-designated refineries, after which BOT pays out within 24 hours and covers all refining costs.
  • Anthony Mavunde, directed the Mining Commission to extend the operating hours of mineral markets until 9:00 p.m., to give traders and buyers more time to conduct business, making mineral markets more accessible and.
  • The programme offers a reduced royalty fee of 4%, down from the standard 6%, together with a waived inspection fee and zero-rated VAT on the domestic sale.

Nukuu za habari mpya na vyanzo: Mining for a Brighter Tomorrow Programme Expands Opport…

tanzaniainvest.comSoma zaidi

Through the Mining for a Brighter Tomorrow (MBT) programme, the Government continues to expand opportunities for youth, women and people with special needs to participate in Tanzania’s mineral economy.

Uliza chochote kuhusu mada hii — mfululizo, athari, wahusika, au uhusiano na Tanzania.