The President of the United Republic of Tanzania, Dr. Samia Suluhu Hassan, has called on public organizations and institutions to ensure they are accountable in protecting and promoting government investments in these organizations, as well as contributing fully to economic development.
Dr. Samia made this call today, June 10, 2025, during a ceremony to receive dividends and contributions from public institutions and organizations, as well as companies in which the government holds shares.
In her speech, President Dr. Samia said - "The significant reforms being implemented by the government in the management and operation of public organizations are beginning to show success, including 11 out of 13 organizations that previously had negative capital moving to a positive capital group, and eight other organizations that were making losses are now starting to turn a profit."
To further enhance the contribution of these organizations to the economy, President Dr. Samia has instructed the Registrar of the Treasury, Mr. Nehemiah Mchechu, to continue building the capacity of executives and ensure that organizations increase innovation and strengthen the use of modern technology.
Additionally, she has urged the Registrar of the Treasury to assess how to increase public participation in the ownership of organizations through the stock market.
President Dr. Samia also emphasized the importance of recognizing organizations and institutions that do not directly contribute financial resources to the government but instead contribute by improving service delivery to the public.
The government has received a total dividend of 1.028 trillion shillings from public organizations and institutions, which is a 34 percent increase compared to the 767 billion shillings provided last year.
Furthermore, the number of organizations and institutions that contributed has increased to 213, with companies that have a small government share being among the major contributors, including Twiga Minerals (93.6 billion shillings), Airtel Tanzania (73.9 billion shillings), and NMB Bank (68.1 billion shillings).