THE RESPONDENT

Government and traders unite to solve mineral trade challenges

By Alfred Zacharia

The Minister of Minerals, Hon. Anthony Mavunde held a meeting on Saturday (August 24) with the Association of Brokers for Mineral Trade (CHAMMATA) to address challenges faced by mineral traders in the country.

The meeting took place in Dar es Salaam, focusing on finding practical solutions to improve mineral trading.

The meeting was attended by key figures, including Deputy Minister of Minerals Dr. Steven Kiruswa, Permanent Secretary Engineer Yahya Samamba, and Commissioner of Minerals Dr. AbdulRahman Mwanga, along with senior officials from the Mineral Commission and CHAMMATA leaders.

Minister Mavunde commended CHAMMATA to establish a physical office and create a system for identifying brokers.

He assured that the government is ready to recognize middle-scale traders through CHAMMATA, which will enhance their operations and facilitate easier government access.

“Once you have set up your office and identified your members, I will provide you with office equipment like computers and printers. It’s important that you have an official address and registered office,” Minister Mavunde said.

He also highlighted the government’s efforts to encourage banks to work with the mineral sector by offering loans, noting that over TZS 10 billion was recently given to miners in the Shinyanga region.

The Minister stressed the importance of traders maintaining accurate records of their activities to build trust with financial institutions.

Minister Mavunde reiterated that foreign traders should remain in designated markets and are not allowed to visit mining sites.

He emphasized that foreign traders are large-scale operators, not middle-level ones, and assured that the government will conduct inspections to ensure this rule is followed.

He directed the Permanent Secretary of Minerals to create a system that allows mineral trading licenses to be used across multiple regions, addressing concerns raised by CHAMMATA and improving the business environment.

CHAMMATA Chairman Jeremiah Kituyo presented the challenges faced by traders and requested the Ministry's assistance. He pointed out that the regional issuance of licenses limits their effectiveness.

Kituyo also praised the government for fostering cooperation between banks and the mineral sector, highlighting a recent TZS 300 million loan provided to 25 brokers in the Arusha region as a positive step.

Kituyo further thanked the Ministry for allowing small-scale auctions in Mirerani, noting that these auctions have significantly boosted the local economy.

He requested that this initiative be expanded to include other gemstones, particularly diamonds.

Deputy Minister of Minerals Dr. Steven Kiruswa emphasized the importance of CHAMMATA establishing a formal structure and suggested regular meetings with the Ministry to discuss issues related to mineral trading.

He believes this would help create a better business environment for the mineral industry in Tanzania.

Engineer Yahya Samamba, Permanent Secretary of the Ministry of Minerals, said the meeting aimed to find solutions to the challenges raised by stakeholders.

He confirmed the Ministry's commitment to working with different groups to ensure the mineral sector continues to contribute to Tanzania’s economic growth.



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