{"id":11478,"date":"2020-07-03T15:45:58","date_gmt":"2020-07-03T15:45:58","guid":{"rendered":"https:\/\/www.africa-press.com\/tanzania\/?p=11478"},"modified":"2020-07-03T15:45:58","modified_gmt":"2020-07-03T15:45:58","slug":"new-economic-status-delights-mining-sector","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/tanzania\/community\/new-economic-status-delights-mining-sector","title":{"rendered":"NEW ECONOMIC STATUS DELIGHTS MINING SECTOR"},"content":{"rendered":"

Author: <\/i>EDWARD QORRO<\/strong>
\nAfricaPress-Tanzania:<\/strong> MINING stakeholders have welcomed the World Bank\u2019s decision of elevating Tanzania\u2019s status into a lower middleincome economy.<\/p>\n

Speaking separately to this paper, key players in the lucrative industry lauded the move by the international financial institution, noting that it will steer the sector towards achieving even greater heights.<\/p>\n

Expressing his sentiments, Tanzania Mineral Dealers\u2019 Association (TAMIDA), Chairperson Sammy Mollel said it is delightful that the World Bank has acknowledged the economic strides registered by the fifth phase government, whereas the country was five years away from attaining the feat.<\/p>\n

\u201cThe move has given our sector a real new meaning and value,\u201d Mr Mollel remarked.<\/p>\n

The TAMIDA chairperson was optimistic that WB\u2019s decision will further catapult the sector to greater lengths.<\/p>\n

He challenged fellow miners to capitalise on the \u201conce in a blue moon\u201d opportunity, especially in value addition.<\/p>\n

\u201cWhile we are all delighted that the mining sector had put Tanzania in the global limelight, the onus is on us to ensure that we become champions in processing and exporting our own precious gemstones to make them more appealing to the world,\u201d he said.<\/p>\n

Echoing similar sentiments, Federation of Miners Association of Tanzania (FEMATA) Secretary General, Mr Lister Balegele, described the move as music to the ears of all mining fraternity in the country.<\/p>\n

He attributed the country\u2019s feat to the hard work of artisanal miners in different mining fields around the country.<\/p>\n

\u201cNever had the sector contributed so dearly to the country\u2019s income; This is a result of the good leadership of President Magufuli, who from the onset, wanted to transform this lucrative industry,\u201d ex plained the FEMATA Secretary General.<\/p>\n

Mr Balegele reserved special praise for Dr Magufuli for engaging small miners in transforming the sector. He cited the 2019 meeting the President had with the miners as a bold step of transforming the sector.<\/p>\n

\u201cWe shared our grievances with him, and being a good listener, we were all delighted when he assured us that he will remove all the nuisance tax es which became stumbling blocks to miners,\u201d he recalled.<\/p>\n

The WB had on Tuesday classified the country as a lower middle-income economy in its latest country income classifications. Dr Magufuli couldn\u2019t hide his delight over the news, saying it had arrived \u2018earlier enough.\u2019<\/p>\n","protected":false},"excerpt":{"rendered":"

Author: EDWARD QORRO AfricaPress-Tanzania: MINING stakeholders have welcomed the World Bank\u2019s decision of elevating Tanzania\u2019s status into a lower middleincome economy. Speaking separately to this paper, key players in the lucrative industry lauded the move by the international financial institution, noting that it will steer the sector towards achieving even greater heights. Expressing his sentiments, […]<\/p>\n","protected":false},"author":84,"featured_media":11452,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,3,8],"tags":[1238,1236,65],"class_list":["post-11478","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-community","category-homepage-english","tag-sammy-mollel","tag-tamida","tag-world-bank"],"yoast_head":"\nNEW ECONOMIC STATUS DELIGHTS MINING SECTOR - Tanzania<\/title>\n<meta name=\"description\" content=\"MINING stakeholders have welcomed the World Bank\u2019s decision of elevating Tanzania\u2019s status into a lower middleincome economy.Speaking separately to this\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/tanzania\/community\/new-economic-status-delights-mining-sector\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NEW ECONOMIC STATUS DELIGHTS MINING SECTOR\" \/>\n<meta property=\"og:description\" content=\"MINING stakeholders have welcomed the World Bank\u2019s decision of elevating Tanzania\u2019s status into a lower middleincome economy.Speaking separately to this\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/tanzania\/community\/new-economic-status-delights-mining-sector\" \/>\n<meta property=\"og:site_name\" content=\"Tanzania\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2020-07-03T15:45:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2020\/07\/4946838207bace7a39c15d17a0f9a9ae.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"506\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/community\/new-economic-status-delights-mining-sector#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/community\/new-economic-status-delights-mining-sector\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"NEW ECONOMIC STATUS DELIGHTS MINING SECTOR\",\"datePublished\":\"2020-07-03T15:45:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/community\/new-economic-status-delights-mining-sector\"},\"wordCount\":390,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/community\/new-economic-status-delights-mining-sector#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2020\/07\/4946838207bace7a39c15d17a0f9a9ae.jpg\",\"keywords\":[\"Sammy Mollel\",\"Tamida\",\"World Bank\"],\"articleSection\":[\"all news\",\"community\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/tanzania\/community\/new-economic-status-delights-mining-sector#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/community\/new-economic-status-delights-mining-sector\",\"url\":\"https:\/\/www.africa-press.net\/tanzania\/community\/new-economic-status-delights-mining-sector\",\"name\":\"NEW ECONOMIC STATUS DELIGHTS MINING SECTOR - 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