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Tanzanian orders mineral markets to extend operations to 9pm to give dealers more trading time
['Esther Takwa']
Daily News
Tanzanian orders mineral markets to extend operations to 9pm to give dealers more trading timeTanzanian orders mineral markets to extend operations to 9pm to give dealers more trading timeDODOMA: THE Tanzanian government has ordered mineral markets across the country to extend their operating hours until 9pm to create more trading opportunities and improve services to mineral dealers and sellers.
“But also, we are strengthening measures to control mineral trading and smuggling while promoting value addition within the country,” he said.
Additionally, he said that the government was taking action against licence holders who occupy large mining areas without developing them while warning that areas not developed in accordance with the law could face action, including cancellation of licences.
According to the report, gold led mineral production in the 2025/26 financial year, reaching 67.8 tonnes valued at 18.4tri/-.
However, she stressed the need to intensify efforts to curb mineral smuggling and reduce charges along the mineral trading chain, calling on the government to review levies imposed on small-scale miners, which she said had become a major burden.