Mpango praises role of Barrick-Twiga in boosting growth, jobs
Barrick country manager, Dr Melkiory Ngido (with microphone), briefs Vice President Dr Philip Mpango on the company’s joint mining operations with the government after the Vice President toured the Barrick-Twiga booth at the ongoing Public Institutions’ Board Chairpersons and Chief Executives Retreat in Arusha. On his left is Twiga Minerals board chairperson, Casmir Kyuki. PHOTO | CORRESPONDENT
Vice President Dr Philip Mpango made the remarks at the weekend after visiting the Barrick-Twiga booth at the 2025 Public Institutions’ Board Chairpersons and Chief Executives Retreat in Arusha, where he was briefed by Barrick country manager, Dr Melkiory Ngido.
Arusha. The government has hailed Barrick-Twiga for its efficient operations in Tanzania, describing the venture as a model of public-private partnership that has boosted economic growth and created jobs.
Vice President Dr Philip Mpango made the remarks at the weekend after visiting the Barrick-Twiga booth at the 2025 Public Institutions’ Board Chairpersons and Chief Executives Retreat in Arusha, where he was briefed by Barrick country manager, Dr Melkiory Ngido.
Dr Ngido said the company would continue working closely with the government to promote local procurement and capacity building. “At Bulyanhulu and North Mara mines, 91 percent of our procurement is from local suppliers, in line with local content regulations,” he said.
He said that Barrick believed sustainable economic success depended on strong cooperation between government, public institutions and the private sector.
Through its gold mines at North Mara, Bulyanhulu and Buzwagi, Barrick contributes to government revenues through taxes, royalties, dividends, salaries and payments to local suppliers. The firm also invests in health, education and infrastructure through corporate social responsibility initiatives.
This year, Barrick-Twiga paid Sh93.6 billion in dividends to the government and received recognition as the best-performing company in which the state holds minority shares.
Treasury Registrar Nehemiah Mchechu, speaking on behalf of President Samia Suluhu Hassan, said this year’s retreat was unique for including private companies in which government holds shares. “For the first time, we have engaged the private sector to strengthen collaboration for economic growth,” he said.
Minister of State in the President’s Office (Planning and Investment), Prof Kitila Mkumbo, emphasised that public institutions should work with, not compete against, private companies. “This cooperation will stimulate economic growth and increase government revenues,” he said.