Tanzanian targets 30 percent increase in non-tax revenue

DAR ES SALAAM: The Treasury Registrar’s Office has set an ambitious target to collect 1 tri/- in non-tax revenue for the 2024/25 financial year, representing a 30.4 percent increase compared to the previous fiscal year’s collection.

Speaking during a meeting with media editors in Dar es Salaam, Treasury Registrar Nehemiah Mchechu revealed that as of June 2, 2025, approximately 900bn/- had already been collected from over 200 public institutions and companies in which the government holds shares.

“As of today (June 2, 2025), the Treasury Registrar’s Office has collected nearly 900bn/- in non-tax revenue, and our goal is to reach 1tri/- by the end of this financial year,” said Mchechu.

To ensure this target is met, the Registrar urged all institutions that have not yet submitted their dividends to the government to do so within the next week.

“All institutions that have not yet submitted their dividends through the Treasury Registrar’s Office must do so before June 10, which will be observed as Dividend Day. The aim is to ensure no institution remains in debt to the government,” emphasized Mchechu.

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He noted that the increase in non-tax revenue is the result of robust measures undertaken by his office to enhance oversight and close monitoring of dividends and contributions from public enterprises. Additionally, the use of ICT systems has significantly improved transparency and accountability.

“Key achievements include integrating the Planning and Budgeting System (PlanRep) with other ICT systems such as ERMS and e-Watumishi. We have also improved the MUSE system, which now provides real-time financial data from public institutions and agencies,” Mchechu explained.

He highlighted that these initiatives are part of the implementation of President Samia Suluhu Hassan’s directive to ensure that all government digital systems are interoperable, with the goal of strengthening public resource management.

According to the Treasury Registrar, these efforts are continuing to foster financial discipline, boost revenue collection, and ensure accountability among all institutions contributing to government income.