The Government of Tanzania launched an expert panel charged with overseeing the benchmarking excercise of the Tanzania Natural Resource Charter in Dar es Salaam on Thursday, 12 December, 2013. The launch was officiated by Chief Secretary, Amb. Ombeni Sefue.
The benchmarking excercise aims to help the government diagnose gaps and opportunities along the decision chain for natural resource management, from extraction to investing the financial proceeds. The results will be used to build an action plan and national vision to guide a program of activities to improve the governance and economic management of natural resource wealth.
Recent natural gas finds and ongoing mining activities in Tanzania present an extraordinary opportunity for development. Government revenues could be as much as $2.5 billion per year, large enough to dwarf aid flows and finance sustained human development gains. At this size, revenues will also be large enough to pose well known political and economic “resource curse” risks.
These, among other challenges relating to the governance and economic management of natural resources will be addressed by the government led initiative which is supported by the Revenue Watch Institute - Natural Resource Charter (RWI- NRC) and NEPAD, and housed at UONGOZI Institute.
“The Government of Tanzania is determined to avoid mistakes that others have made, while internalising global best practices in the management of the extractive sector," said Amb. Sefue.
The Chief Secretary went on to emphasise that the initiative is not externally imposed.
"The truth is that this is our own initiative, and it is driven by the government," he said.
Based around 12 principles of good practice, the Natural Resource Charter is a framework for improved management of resources which gives guidance on the chain of complex economic decisions that have to be made, in order to transform extractive wealth under the ground into development above ground.
The event brought together a wide array of actors involved in the management of extractive wealth to deliberate over each of the twelve precepts of the NRC, and provide a comprehensive analysis and recommendations for harnessing extractive wealth for development in Tanzania.
The benchmarking exercise will be carried out through a combination of research, technical guidance and wide stakeholder consultations in order to respond to a series of questions that will be formulated under each of the 12 principles to inform the process. The expert panel will use these responses to deliberate on and determine scores for each principle of good practise.
The scores will be published in a detailed report which will include a baseline analysis for a monitoring framework to track progress over time, a national vision on how Tanzania plans to use extractive resources for development, and recommendations for an action plan for the management of extractive resources.
The launch of the expert panel signifies the official commencement of the benchmarking phase which is expected to take between eight to ten months.
The Expert Panel
Prof. Florens Luoga - University of Dar es Salaam
- Ms. Julieth Kairuki – Tanzania Investment Center (TIC)
- Eng, Nobert Kahyoza – Ministry of Energy and Minerals
- Mr. Charles Mwapinga – Tanzania Revenue Authority
- Mr. Gabriel Bujulu – Tanzania Petroleum Dvelopment Coorporation (TPDC)
- Dr. Fidea Mgina – Ministry of Industries and Trade
- Mr. Athumani Kwariko – Tanzania Extractive Industries Transparency International (TEITI)
- Mr. Ignace Mchallo – Vice President’s Office
- Mr. Siraji Majura – Ministry of Finance
- Mr.Godwin Nyelo – Tanzania Chamber of Minerals and Energy
- Mr. John Ulanga – Foundation for Civil Society
- Mr. Deo Mwanyika – Tanzania Private Sector Foundation
- Prof. Yonika Ngaga – Sokoine University of Agriculture (SUA)
- Prof. Hamudi Ismail Mjamba – University of Dar es salaam