Dodoma. The government has announced a significant policy shift in the mining sector aimed at boosting local value addition and improving transparency in gold trade and refining.
Presenting the 2025/2026 national budget in Parliament on Thursday, June 12, 2025, Minister for Finance Dr Mwigulu Nchemba proposed amendments to section 59 of the Mining Act, CAP 123, that would require all companies with government contracts to allocate at least 20 percent of their gold production for domestic smelting, refining, and trading.
