Dar es Salaam – The Ministry of Mining has collected Sh653.94 billion between July and December 2025, achieving 109 per cent of its goal for the period, according to a statement from the Minister for Minerals, Anthony Mavunde.
The collection represents 54.4 per cent of the ambitious Sh1.2 trillion target set for the entire 2025/2026 fiscal year. These accomplishments were highlighted as part of the achievements within the first 100 days of President Samia Suluhu Hassan’s second term in office, which began on November 3, 2025.
In a more recent period, from November 2025 to January 25, 2026, the ministry collected Sh311.80 billion, exceeding its target for that specific timeframe by 11 per cent.
This financial success reflects a substantial and sustained growth in the sector, which has seen its contribution to the national GDP climb from 6.8 per cent in 2020 to 12 per cent in the second quarter of 2025. The sector’s overall revenue has dramatically increased from Sh213.36 billion in the 2016/2017 fiscal year to Sh1.07 trillion in 2024/2025.
The growth has been significantly bolstered by strong performance in the gold sub-sector. Between July and December 2025, 14.66 tonnes of gold, valued at Sh3.75 trillion, were sold through the country’s refineries.
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During the same period, the Bank of Tanzania (BoT) continued to increase the national gold reserves, purchasing 17.03 tonnes of the precious metal at a value of Sh4.97 trillion. This aligns with a broader trend that saw the country’s gold exports generate a record US$4.4 billion in 2025.
While celebrating these revenue milestones, the government has also demonstrated a firm regulatory stance. The Ministry of Mining issued a 48-hour ultimatum to two of the country’s largest cement producers, Twiga Cement and Tanga Cement, to address allegations of breaching government-mandated guideline prices for raw materials.
Deputy Minister for Minerals, Dr Steven Kiruswa, warned that the companies face severe penalties, including the potential revocation of their operating licences, should they fail to comply.
The action follows complaints from the Cooperative Society of Small-Scale Gypsum Miners in Same, Kilimanjaro. The miners allege that the cement giants have been bypassing the cooperative to source materials from a few individuals at prices below the official guidelines and without formal contracts.
Dr Kiruswa has also instructed the District Commissioner of Same to refer allegations of bribery within the companies to the Prevention and Combating of Corruption Bureau (TAKUKURU) for investigation.
These developments are part of a wider government strategy to ensure the benefits of the mining sector are shared more equitably and contribute to long-term national development.
Minister Mavunde noted that the ministry is finalising a Mineral Value Addition Strategy (2026/2027–2030/2031), which includes the construction of new processing plants in six regions.
Other initiatives include the construction of a new salt refinery in Kilwa district by the State Mining Corporation (STAMICO) and the revocation of 73 licences from inactive large-scale mining operations to encourage productive land use.
