Geita mining firm scoops second best taxpayer award

09Dec 2021
By Guardian Reporter
The Guardian
Geita mining firm scoops second best taxpayer award

​​​​​​​GEITA Gold Mine (GGML) has emerged one of the leading taxpayer companies in Tanzania. The country’s giant gold mining company was awarded a certificate of recognition for its contribution.

Zanzibar President Hussein Ali Mwinyi presents a certificate to GGML Vice President for Sustainable Development, Simon Shayo after the company emerged the second winner by paying more than 338bn/- in taxes to the government. Photo: Guardian Correspondent

Zanzibar President Hussein Ali Mwinyi presented the certificate to GGML Vice President for Sustainable Development, Simon Shayo after the company emerged the second winner by paying more than 338bn/- in taxes to the government.

President Mwinyi was the guest of honour at the opening of the industrial product fair which was aimed at discussing the challenges and successes of investment development for the 60 years since Tanzania gained independence.

Earlier, the Association of Tanzania Employers (ATE) Executive Director and Chief Executive Officer, Suzanne Ndomba-Doran said the certificate is a sign of recognition for employers who support the government's efforts.

“At the employers' association and the Prime Minister's Office of Investment, we are issuing certificates to employers, who offer jobs in bulk in direct, but also indirect employment in the value chain,” he said.

In addition to repaying government revenue and community investment, the company has provided employment to more than 5,000 Tanzanians, including those working under the company's contractors.

In addition, as of this year approximately 98 per cent of GGML employees and 82 per cent of the management team are Tanzanians.

The company's goals are to continue to be a reliable development partner for Tanzania including being part of the future of building an industrial economy and achieving the 2025 vision, where the mining sector aims to contribute at least 10 per cent of gross domestic product.

For the past four consecutive years GGML has been a major development partner as in collaboration with the Geita regional office, it has implemented various development projects through the Community Responsibility Fund (CSR) funds at more than 36bn/-.