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Proposal to Establish a Formal Gold Trading System in Tanzania

Habari mpya za fedha Tanzania · maelezo ya Proposal to Establish a Formal Gold Trading System in T… · imesasishwa 5 Aug 2026 · habari za uchumi · pato la taifa · uwekezaji

D

Muhtasari

  • We officially began purchasing gold on October 1, 2023, after making the necessary legal amendments.
  • DAR ES SALAAM: THE Bank of Tanzania (BoT) has purchased 29 tonnes of gold under its domestic gold-buying programme, surpassing its three-year target of 20 tonnes in just 20 months since the initiative was launched in.
  • BoT Governor Emmanuel Tutuba announced the milestone yesterday in a special interview with the Tanzania Broadcasting Corporation (TBC) to mark the central bank’s 60th anniversary.
  • Besides purchasing 29 tonnes of gold, we have strengthened the entire supply chain and formalised gold trading in the country,” he said.
  • He added that BoT has set an internal ceiling of 30 per cent for gold within its reserve portfolio, with current holdings accounting for about 27 per cent, leaving room for further purchases and strategic sales.

Nukuu za habari mpya na vyanzo: Proposal to Establish a Formal Gold Trading System in T…

dailynews.co.tzSoma zaidi

The programme has also established a formal and transparent gold trading system while bringing more artisanal and small-scale miners into the formal financial sector.

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