Tanzania reaps 1.32tri/- in dividends from its public institutions
DAR ES SALAAM, June 30 -- THE Tanzanian government has collected a record 1.32tri/- in dividends and other contributions from public institutions and companies in which it holds minority shareholdings as of June 29 this year, marking a 30 per cent increase from 1.02tri/- collected during the same period last year.
Treasury Registrar Nehemiah Mchechu announced the figures on Tuesday during the National Dividend Day ceremony held at the State House in Dar es Salaam, where President Samia Suluhu Hassan was the guest of honour.
Mr Mchechu said contributions from public institutions have more than doubled since President Samia assumed office in 2021, rising from 637bn/- to 1.32tri/-, representing a 108 percent increase.
“If we include...
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