By Lake Zone Watch writer
Twiga Gold Corporation, a joint subsidiary company between the partnership of the Tanzania government and Barrick Gold Corporation, has killed two birds with one stone by grabbing two prestigious awards: first for its immense contribution to the national income and its special mining license holder awards respectively.
During a special night gala organised by the Ministry of Minerals and attended by Minister Anthony Mavunde in Dar es Salaam on Sunday, the awards were handed over to Twiga by his Malawian counterpart, Monica Chang’anamuno, who praised the company for revolutionising Tanzania’s mining sector through the twin gold projects of Bulyanhulu and North Mara.
Since 2019, when the two mining centres underwent revival, Twiga has injected an estimated three billion US dollars into the national economy. The subsidiary firm this year was recognised by the government as the biggest contributor to the national dividend among other companies.
The same company has spent 13.2 million US dollars for community social responsibility projects in health, education, infrastructure and water services encompassing the communities in the two mining centres.
The Barrick Gold projects spent 84 per cent of their annual budgets for internal procurement purposes, and 96 per cent of its manpower is solicited locally.