DAR ES SALAAM, May 28 -- AS global economies face increasing volatility driven by financial shocks, climate change, and accelerating digital disruption, risk management is shifting from a technical compliance requirement into a core function of governance and institutional survival.

For public institutions, the stakes are particularly high. Weak risk systems do not only expose balance sheets, they directly affect service delivery, public trust and national economic stability.

In Tanzania, this reality is especially pronounced. The Office of the Treasury Registrar (OTR), under Treasury Registrar Nehemiah Mchechu, manages 308 public entities and government minority investments valued at 92.3tri/-.

This makes it one of the most significan...