By Baraka Temba, Geita
THE Government has said it will continue setting up a friendly environment and good policies to help attract an influx of potential investors in the country’s minerals sector, as well as the others
In his remarks during an event for the official launching of the offices of the 'Jema Africa’, held today (November 12, 2023) in Geita Region, the Minerals Minister, Mr Anthony Mavunde said the government was understanding and value the contributions of investors in promoting the country’s economy.
The company, Jema Africa, deals with processing of gold.
"The Sixth Phase Government (SPG) under the leadership of President Dr Samia Suluhu Hassan will continue promoting good investing environment so as to attract diverse high profile investors from within and outside the to chip-in and investing highly onto different prestigious economy opportunities that the country has been endowed with, " Mr Mavunde insisted.
He detailed that the Government was pocketing at least 3.2bn/- in each month in terms of revenue from the minerals processing plants from Geita Region, saying the installation of the new factory of Jema Africa would push the said revenue even higher.
Speaking for his part, Geita Regional Commissioner (RC), Mr Martin Shigela hailed Jema Africa for extending their investment footholds in the region.
Similarly, he challenged other investors to see the need to invest in the fast growing Gold- Hub Region.
The Executive Director with Jema Africa, Mr Jumanne Bukiri, for his part, hailed the Sixth Phase Government (SPG) for putting in place a supportive environment and policies that allow investors to invest more patriotically.
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