TZ Mining Commission gets shot in the arm as GGML commits with 50m/-

08Jul 2021
By Guardian Reporter
Dar es Salaam
The Guardian
TZ Mining Commission gets shot in the arm as GGML commits with 50m/-

AS the 45th Dar es Salaam International Trade Fair (DITF) gains momentum at Sabasaba grounds, Geita Gold Mining Limited (GGML) has committed 50m/- to cover the costs of partitioning, decorating and renovating the pavilion allocated to the Mining Commission by the Board of External Trade.

The event this year has attracted over 3,000 local and foreign companies from 28th June to 13th July 2021.
GGML’s Managing Director, Richard Jordinson said that the company decided to commit this amount to the event in continuity of its support to Mining Commission over the years.

He added that this year’s theme ‘industrial economy for sustainable employment’ comes at the opportune time as the country aspires to maintain its middle-income economy status.

“As a corporate citizen, GGML has always aspired to be part of government initiatives to benefit its citizens by paying corporate tax, service levies and royalties. Not only this year, but over the years, GGML has illustrated exemplary partnership with the Mining Commission by abiding to mining laws and regulations,” Jordinson said, referencing GGML as the first Mining Company in the country to implement the Corporate Social Responsibility in line with the Mining Act, 2010 as amended in 2017.

The Managing Director also affirmed that GGML would continue to work with the government and other stakeholders to attain and hopefully surpass the target for the mining sector to contribute 10 per cent to the Gross Domestic Product (GDP) by 2025.

In line with its business values GGML strives to support the government of Tanzania’s aspirations of sustainable social and economic development of its people. The company further endeavors to collaborate with the local authorities as well as communities in the identification and management of key projects that will support a sustainable socio-economic future for the district.

In February this year, GGML emerged as the overall best performing company in the Mining Sector in Tanzania for the financial year 2019/2020 after scooping accolades in Corporate Social Responsibility, Environment and Safety, Government Revenue Collection (Taxes) and Local Business Content.