A Thesis Submitted to the School of Business in Partial Fulfillment of the Requirements for Award of Master of Science in Accounting and Finance (MSc A & F) of Mzumbe UniversityThe general of this study was to assess the effectiveness of the Government revenue collections accruing from Antiquity tourism under the Ministry of Natural Resources and Tourism (MNRT). Specifically, the study aimed at assessing the effectiveness and transparency of the system used in the revenue collection. Secondly, the system aimed at evaluating the adequacy of controls in the revenue collection system. Thirdly, the study aimed at identifying leakages in the revenue collection system. Finally, the study aimed at recommending on ways that will improve the system employed by the Ministry in the collection of revenue from antiquities tourism. The study involved different categories of respondents namely; Antiquities officers in the MNRT head office and in the up country stations, Internal Auditors, Accountants at the head office and up country stations,. The researcher drew samples of respondents from each category using judgmental sampling technique. The study design was a case study; information was gathered by using interviews, questionnaires, documentary sources and observation. Data were analyzed statistically using descriptive statistics methods such as graphs and tables. However, in order to come up with final analysis of the data, a computer was used to facilitate data processing. The study found that, the system employed by MNRT in collecting revenue from antiquities tourism is not transparent and effective. The Ministry uses manual revenue collection system that is associated with poor record keeping, poor reporting, revenue leakages and time consuming. The system is not documented that causes the system to be unclear and to most of stakeholders. Furthermore, the study revealed that the Ministry loses a significant amount of, lack of working tools and equipments, and insufficient supervision and monitoring of antiquities tourism activities. The study also recommends on the improvement of supervision and monitoring activities, provision of frequent training to staff and emphasis on record keeping/ reporting so as to ensure that the activities is well managed and all revenue accrued from antiquity tourism are duly collected. Lastly, the study recommends a comprehensive study on the revenue collection aspects of other sub sectors under the MNRT. The Ministry is also responsible with the management of other sub sector like wildlife division and tourism division. These sub sectors are also very important in terms of revenue contribution to the Gross Domestic Product (GDP). .