Tanzania's mining revenue reached TZS 1.394 trillion (approximately USD 558 million) in the 2025/26 financial year, exceeding the target of TZS 1.2 trillion by 16.13%. This figure represents a 30.2% increase from the previous year's revenue of TZS 1.071 trillion. The mining sector's contribution to GDP averaged 11.9% in 2025, with mineral exports rising by 31.1% to USD 5.4 billion.

Tanzania has approved the allocation of 10% of mining sector revenue to finance advanced mineral exploration activities. This funding aims to support high-resolution surveys, identify new mineral-rich areas, attract investment, and enhance the sector's contribution to economic growth.

According to the Bank of Tanzania's May 2026 review, Tanzania's exports increased by 13.5% to USD 18.9 billion for the year ending April 2026, driven primarily by gold and tourism. The report also noted a rise in headline inflation to 4% due to higher fuel prices, a 23.6% growth in private sector credit, and an appreciation of the Shilling by 2.7%. Foreign exchange reserves reached USD 5.7 billion, sufficient to cover 4.4 months of imports.

The Ugandan Minister of Finance presented the Budget Speech for FY 2026/27, which includes tax amendments impacting the energy and minerals sector. This annual event typically elicits varied reactions from the public, reflecting differing opinions on the proposed financial changes. The implications of these amendments for the sector are yet to be fully assessed.

In the 2025/26 fiscal year, Tanzania's state-owned companies reported dividends totaling TZS 1.327 trillion, marking a 30% increase from TZS 1.028 trillion in the previous year. This figure, however, fell short of the TZS 1.5 trillion target set by President Samia. Twiga Minerals Corporation was the largest contributor with TZS 221.9 billion, while the Tanzania Ports Authority contributed TZS 205.5 billion to the Consolidated Fund.

The Government of Tanzania is considering recommendations to enhance the small-scale mining sector by improving access to finance, technology, and geological information. Proposed measures include the establishment of a mining fund, the expansion of credit guarantees, and support for mineral research, all aimed at increasing employment, reducing poverty, and promoting economic growth.