Arusha, Tanzania | 16 March 2026 — Tanzania has recorded a significant increase in revenue contributions from companies in which the Government holds minority shares, highlighting improved performance, stronger governance, and enhanced investment oversight.
Speaking at the Annual Forum of Board Directors of Government Minority-Owned Companies held at the Pan African Postal Union (PAPU) Headquarters in Arusha, the Minister for Finance, Khamis Mussa Omar, revealed that contributions to the Consolidated Fund rose sharply from TZS 58.26 billion in 2020 to TZS 266.52 billion in 2024.
The increase represents a remarkable 357 percent growth over five years, reflecting the impact of reforms and strengthened supervision under the Treasury Registrar’s Office.
“This growth demonstrates improved governance, accountability, and strategic management of public investments,” the Minister noted.
Government Investment Hits TZS 3.6 Trillion
According to Minister Omar, companies in which the Government holds minority shares now account for 18 percent of the 308 institutions under the Treasury Registrar.
He added that total Government investment reached TZS 3.6 trillion in the 2024/2025 financial year, with TZS 1.94 trillion invested domestically—a clear indication of the Government’s commitment to supporting local economic growth.
Driving Growth Through Strategic Investment
The Finance Minister emphasized the importance of ensuring that public investments are efficiently managed, profitable, and aligned with national economic priorities.
He commended ongoing reforms across public institutions, noting their critical role in boosting non-tax revenue collection and strengthening overall institutional performance.
These reforms, he said, have contributed to a record increase in non-tax revenue to the Government in the current fiscal cycle.













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