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| Transfer Vacancies at the State Mining Corporation (STAMICO) |
Transfer Vacancies at the State Mining Corporation (STAMICO)
State Mining Corporation (STAMICO), a wholly owned Government enterprise, is a under the Ministry of Minerals established by the Public Corporation Act cap 257 through State Mining Corporation Establishment Order No. 163 of 1972 as amended in 2014. The Corporation which became operational in 1973 was formed to perform functions stipulated under Section 4 of its Establishment Order, 1972. The major economy policy reforms in 1980’s through the Public Corporation Act of 1969 was over hauled, the Public Corporation Act of 1992 was then enacted which stripped away ownership of subsidiary companies from public ownership and STAMICO being a part, Section 48(1) of the Act stated the following:
“All the shares subscribed by the
government in any Public Corporation through another Corporation before
effective date, shall after the effective date be transferred to the
Treasury Register by the said former Holing Public Corporation and those
share shall vest in Treasury Register without any further assurance”.
Hence the subsidiary of STAMICO where privatized and liquidated in 1997,
where the Corporation was placed under the President Parastatal Sector
reform commission as a specific Public Corporation, however in 200 under
justice Mark Bomani Commission Report STAMICO was recommended to be
closed.
Transfer Vacancies at the State Mining Corporation (STAMICO) - January 2024.
The State Mining Corporation (STAMICO) is a state-owned entity established in 1972 under the Public Corporation Act, 1969 through the State Mining Corporation Establishment Order No. 163 of 1972 as amended by GN. 171 of 2015. The Corporation is responsible for investing in the mining sector through the entire mineral value chain from mineral prospecting, mining, processing and mineral trading.
The Corporation operates mines and provides services in management of mining, drilling, environment and other related business. It is also responsible for supporting small scale mining sector in Tanzania.
STAMICO is purely commercial entity which operates in business norms on equal competitive environment along with private companies. In order to effectively and efficiently discharge its mandate, the Corporation wishes to advertise Transfer Vacancies from suitably qualified Tanzania Public Servants who wish to be transferred to STAMICO as follows, please read the full details on the PDF File below.
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