Barrick Mining Corporation Tanzania has reaffirmed its commitment to supporting Tanzanians through local content initiatives under the Twiga Minerals joint venture with the government.
As Tanzania aims to increase local participation in mining procurement to 90 percent, Barrick emphasized creating opportunities through local procurement, employment, and skills development.
Enock Otieno, Barrick North Mara Supply Chain Manager, highlighted the need for Tanzanians to improve product and service quality to benefit from growing mining opportunities.He identified challenges like high servicing costs, product quality, and technological adoption as barriers for local suppliers.
Minerals Minister Anthony Mavunde noted the government's target to raise local content procurement to 90 percent, citing mining sector contributions of Sh1.4 trillion in non-tax revenue and 20,421 formal jobs.The sector's growth, supported by reforms like 44 mineral markets, underscores its economic impact.The article underscores collaboration between Barrick and the government to enhance Tanzanian participation in mining activities.
Original title: Barrick supports local content rules
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