ARUSHA: Barrick Mining Corporation, through its partnership with the government through Twiga Minerals Corporation, is working a special strategy to transform the Tanzania’s mineral wealth to become a leading contributor to the government revenues, jobs creation, opportunities for local businesses and a skilled workforce for the country’s future economy.
Barrick Tanzania Human Resources Manager, Mr Lumbu Kambula, said the robust strategy focuses to fuel the implementation of the National Development Vision 2050.
Mr Kambula made the remarks at the on-going 2026 Chief Executive Officers Forum (C-CEOs Forum) in Arusha.
He said the company’s investment is contributing to key areas highlighted in Vision 2050, including employment, local businesses, skills development, education and long-term investment.
“Barrick Twiga is a partner delivering sustainable value to Tanzania, and we continue to strengthen the long-term partnership between Tanzania and a global investor, built on shared value in mining and a commitment to national development,” he said.
He stated that since 2019, the partnership between the government and Barrick has demonstrated how investment in the mining sector can deliver commercial success while creating value for the government, employees, Tanzanian businesses, communities surrounding the mines and shareholders.
Moreover, he unveiled that at least 93 per cent of the company’s current expenditure goes to local suppliers, while spending on companies owned by Tanzanians has increased to 79 per cent, up from 34 per cent in 2019.
He informed that, more than Tsh 12 trillion has been invested in Tanzania and paid to the government.
“Barrick Twiga is helping to transform the mineral wealth we have into government revenue, economic activity, employment, opportunities for local businesses and long-term investment,” he said.
On employment, Mr Kambula said 95 per cent of Barrick’s workforce is Tanzanian, with Tanzanians continuing to occupy professional, technical and management positions.
He said the company is also investing in developing the next generation of professionals through practical training programmes.
“On training and developing professionals in various fields, Barrick has several programmes through which we receive and train university students and graduates. Nearly 50 graduates each year are given opportunities to undertake two-year practical training in our mines,” he said.
Together with that, he expressed that more than 250 students from universities and technical colleges also receive opportunities for practical training every year.
“This demonstrates how Barrick is responding to the Vice-President’s call to prepare and provide opportunities for young people to gain practical experience as they prepare to enter the labour market,” he added.
In efforts to prepare professionals for a competitive labour market, he said that in 2025, the company introduced a scholarship programme for university students in South Africa.
Giving further details, he stated that through the Barrick-Twiga Future Forward Programme, the company has invested USD20 million in the education sector.
According to him, the funds have supported the construction of 714 classrooms, 213 dormitories and more than 1,142 toilet facilities at 132 secondary schools in different parts of the country.
He said the initiatives form part of investment in human capital, which is critical to preparing Tanzania for the economy envisaged under Vision 2050.
Kambula said the company has also continued investing in the search for new mineral resources.
“Barrick has invested USD33.5 million in mineral exploration, with the aim of discovering new resources in Tanzania,” he noted.
Kambula expressed that the company’s investment goes beyond mining operations, with USD16.3 million spent on community development projects, including the construction of the 73-kilometre Katoro–Kahama road to bitumen standard.
Kambula said these initiatives form part of a long-term partnership aimed at ensuring that the mining sector continues to serve as a source of revenue, employment, skills, business opportunities and investment as Tanzania advances towards the goals of Vision 2050.