
In February 2019, the country’s parliament reviewed and approved the Mining Act to allow the Mining Commission to establish mineral buying and selling centres, the bill will also relieve small-scale miners of the burden of paying withholding tax of 5{568489cf35ea458dc74a642d4e9df9f8045a1623c75cd416c14940fd0c12fbd1} and an 18{568489cf35ea458dc74a642d4e9df9f8045a1623c75cd416c14940fd0c12fbd1} value added tax.
Apparently the Tanzanian government is set to launch an international gold trading centre in the gold-rich region of Geita, the centre is among reforms introduced in the mining sector in the past three years to curb mineral smuggling.