COAST REGION: CHIEF Secretary Ambassador Dr Moses Kusiluka has instructed all government institutions to play a positive role in ensuring the success of the upcoming General Election.
“You must ensure that citizens cast their votes without any disruptions. It should not happen that during the election period, services from any institution are unavailable… National interests must be safeguarded… By doing so, you will be fulfilling your responsibilities properly,” Dr Kusiluka emphasised.
He issued the instructions on Friday in Kibaha District, Coast Region, while officially closing the Board Directors Forum for Companies with Government Minority Share- holders, 2025. The forum, organised by the Office of the Treasury Registrar (OTR), was themed “Leveraging Technology for Enhanced Performance.”
During the event, Dr Kusiluka outlined the govern- ment’s plan to increase the re- turn on investment from companies where it holds minority shares from the current seven per cent to over 10 per cent in the next financial year.
“I challenge you to raise the return on investment from seven per cent to over 10 per cent cent annually. To achieve this, you must enhance operational efficiency,” he urged.
The OTR oversees 308 institutions, including 56 companies where the government holds minority shares.
To date, a total investment of 86.3tri/- has been made in these institutions 2.9tri/- in minority-share companies and 83.4tri/- in fully government- owned entities.
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Dr Kusiluka further challenged directors of these companies to improve dividend contributions to the government.
“I believe that in the next financial year, we will witness an increase in dividends from the institutions you manage. This is the challenge I leave to you,” he stated.
According to OTR statis- tics, in the previous financial year, the government received 195bn/- in dividends from companies where it holds minority shares.
“Our success will reflect the government’s efforts under President Dr Samia Suluhu Hassan to create a business- friendly environment,” he added.
Dr Kusiluka expressed confidence that newly im- proved guidelines for board directors of companies with minority government shares launched earlier in the week would enhance efficiency and boost contributions to the Government’s Consolidated Fund.
“I have reviewed the guidelines and found them to be filled with valuable instructions that will help board directors perform their duties professionally and on time,” he noted, commending the OTR for developing the document.
He urged directors to fully utilise the guide to enhance their effectiveness. Treasury Registrar Nehemiah Mchechu emphasised that the forum had significantly contributed to improving productivity among government institutions.
“We have never had such a forum before. The agendas discussed here will strengthen institutions in fulfilling their entrusted responsibilities,” Mr Mchechu assured.
He encouraged government representatives serving on the boards of minority share companies to proudly represent Tanzania and ensure that the government benefits from its investments.
“You are the government’s eyes, so do not take your positions lightly. Otherwise, you will not be serving the government and all Tanzanians properly,” he warned.
He also advised directors to step aside if they felt un- able to dedicate the necessary time and commitment to their roles.
The theme of the forum, “Leveraging Technology for Enhanced Performance,” underscored the importance of integrating technological solutions to improve operational efficiency and drive growth in government affiliated companies.
