Government dividend windfall hits record 1.33tri/-

DAR ES SALAAM: THE Office of the Treasury Registrar (OTR) has collected 1.327tri/- in dividends and other statutory contributions from State-Owned Enterprises (SOEs) and companies in which the government holds minority shareholdings as of June 29, 2026.

The achievement marks a significant increase in returns from public investments, reflecting improved performance by state-owned enterprises and government-linked companies.

The figures were announced yesterday by the Treasury Registrar, Nehemiah Mchechu during the 2026 Gawio Day held at State House in Dares Salaam.

Mr Mchechu said the amount represents an increase of 299bn/- or 30 per cent from the 1.028 tri/- presented to President Samia Suluhu Hassan during the corresponding period in 2025.

He said the dividends and contributions were generated by all institutions under the oversight of the OTR, including public institutions and companies in which the government owns minority stakes.

“The performance demonstrates that government investments continue to deliver measurable results and are making an increasingly significant contribution to the Consolidated Fund, thereby, strengthening the government’s capacity to finance national development priorities and improve the delivery of public services,” he said.

However, Mr Mchechu noted that the total does not include non-tax revenue generated by four major institutions that fall under the OTR’s oversight but remit their collections directly to the Tanzania Revenue Authority (TRA).

These are the Tanzania Airports Authority, which contributed 70.17bn/-, the Ngorongoro Conservation Area Authority, 114.14bn/-, Tanzania National Parks Authority (TANAPA), 208.5 bn/- and the Tanzania Wildlife Authority (TAWA), 90.39bn/-.

Had these revenues been remitted through the OTR, total dividends and statutory contributions would have exceeded 1.8tri/-, he said.

Mr Mchechu said the improved performance supports the country’s broader ambition of increasing the contribution of non-tax revenue to 10 per cent of total government revenue by 2030, up from the current average of about 3.5 per cent.

“The achievements we are presenting today are not only a continuation of the implementation of the president’s directives, but also an important milestone in our journey towards building a strong, competitive and more self-reliant economy for the benefit of present and future generations of Tanzanians,” he said.

He attributed the strong results to improved institutional performance, increased value of public investments, strengthened corporate governance and reduced dependence on government subsidies by several public institutions.

“These achievements demonstrate that public institutions remain a vital instrument in advancing the president’s vision of building a strong, competitive, inclusive and sustainable economy,” he said.

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Mr Mchechu said the progress also places greater responsibility on the OTR and public institutions to sustain the momentum by improving efficiency, boosting productivity, embracing innovation and technology, and ensuring that every public institution delivers value for citizens.

“Our commitment is to ensure that government investments continue to serve as a strong pillar of national prosperity, both today and for generations to come,” he said.