Mining to speed up economic growth in Tanzania

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Date
2013
Journal Title
Journal ISSN
Volume Title
Publisher
THE CITIZEN
Abstract
The contribution of the mining sector to Tanzania’s economy is set to increase tremendously in the next five years as several new major mines go into production, Tanzania Chamber of Minerals and Energy (TCEM) predicts. Currently, the sector contributes an estimated 3.5 per cent to Tanzania’s gross domestic product. Statistics from the TCME report shows that between 1997 and 2011 a total of $10.1billion (Sh16 trillion) worth of minerals were sold by the chamber’s 60 members.
Description
Keywords
Mining sector, Tanzania Chamber of Minerals and Energy (TCEM), Economic growth, Tanzania
Citation
Kasumuni, L. (2013). ' Mining to speed up economic growth in Tanzania' The Citizen, Monday, 22 April 2013.