Tanzania unveils new strategy to restore Tanzanite’s global status
Minister for Minerals Anthony Mavunde (right) listens to National Housing Corporation (NHC) officials as he inspects architectural drawings for the soon-to-be commissioned Tanzanite Exchange Centre in Mererani, Simanjiro District. The modern facility is being built as the central marketplace for Tanzanite auctions, price discovery and tax administration and is expected to further strengthen Tanzania’s organised Tanzanite trade and position Mererani as a leading global hub for the gemstone. PHOTO | THE CITIZEN CORRESPONDENT
Mererani. The government has unveiled an ambitious strategy to revitalise the Tanzanite trade and restore the blue-violet gemstone’s prominence on the global market.
The plan, announced by the Minister for Minerals, Anthony Mavunde, seeks to strengthen market management, introduce fresh branding and reinforce domestic trading systems built around the Tanzanite Exchange Centre in Mererani.
