DAR ES SALAAM, July 9 -- FIVE years ago, the government garnered 637.7bn/- in dividends and other statutory contributions from public institutions and companies in which it holds equity.

Today, that figure has more than doubled to a record 1.327tri/-, while the value of government investments managed by the Office of the Treasury Registrar (OTR) has grown from 67.95tri/- to 92.28tri/-.

These two sets of numbers tell the story of a remarkable transformation in the management of Tanzanias public investments.

They reveal not only the expansion of the governments investment portfolio but also a significant improvement in the ability of public institutions to generate greater value from those assets.

The contrast between investment growth ...