Bank Of Tanzania Guarantees Loans To Small-Scale Gold Miners

The central bank has announced that small scale gold miners can secure guaranteed Bank of Tanzania loans of up to over U.S.$217,579, through registered commercial banks in the country. The bank is currently participating in the second mines expo at Geita, which is being held to educate mining stakeholders on how to access its services.

  • Tanzania:  BoT Guarantees Loans to Miners

    Daily News, 27 September 2019

    SMALL scale gold miners can secure Bank of Tanzania (BoT) loan guarantee of up to 500m/- through the registered commercial banks in the country, the central bank announced here… Read more »

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  • Tanzania:   Tanzania's Mineral Sector Reforms Yield Results

    East African, 1 June 2019

    Tanzania continues to benefit from mining sector reforms, which Dar es Salaam says have seen the sector's contribution to GDP in 2018/19 increase to 5 per cent, up from 4.8 per… Read more »

  • Tanzania:   Relief for Artisanal Miners

    Daily News, 10 February 2019

    PRESIDENT John Magufuli's directive to waive taxes imposed on small-scale miners has started paying off after the National Assembly unanimously endorsed a Bill that proposes the… Read more »

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