During an inspection visit to the construction site, Minister of Lands, Housing, and Human Settlements Development Angeline Mabula expressed her pleasure with the development of the project. “This will be the only place where tanzanite will be sold to buyers thus reducing the burden of travelling long distances to sell the mineral,” the minister noted.
At Mererani, an upscale tanzanite auction house that has cost Sh5.4 billion to build is almost finished. The trade center will be the only location where the unique rare minerals discovered there are auctioned off for domestic and international customers.
Dr. Mabula said that dishonest tanzanite sellers in several neighboring nations have abused the lack of facilities to mislead the public about the location of tanzanite mining. The auction building will be finished by the end of this year, according to Juma Kiaramba, manager of the National Housing Corporation (NHC) for the Kilimanjaro area. He explained the delay as being caused by the project’s ongoing construction expenditures as well as the increased cost of acquiring building supplies.
