Arusha. Public institutions that performed well in the 2023/24 financial year were awarded special recognition by the Office of the Treasury Registrar in an official ceremony held during the CEOs Forum 2025 in Arusha on Sunday, August 24, 2025.
The event, which brought together Board Chairpersons and Chief Executive Officers (CEOs) of Public Institutions was officially opened by the Vice President of the United Republic of Tanzania, Dr Philip Mpango, in Arusha on Sunday, August 24, 2025.
The awards were based on operational criteria such as growth in internal revenue, expenditure control, improvement in profit margins (Net Margin), enhancement of liquidity (Current Ratio), and return on investment (ROE).
Other criteria included reducing dependence on government subsidies, efficiency in spending, implementation of audit recommendations by the Controller and Auditor General (CAG), publication of financial statements, and improvements in public service delivery.
Awarded institutions were categorized into four specific groups according to their type and functions.
In the category of commercial institutions, awards were given to those that showed improvement in revenue, profits, liquidity, and return on government capital.
The winners in this group were the National Housing Corporation (NHC), the Medical Stores Department (MSD), and the State Mining Corporation (STAMICO).
Other well-performing institutions in this category included the Tanzania Petroleum Development Corporation (TPDC) and the Arusha International Conference Centre (AICC).
For non-commercial institutions, the evaluation criteria included expenditure control, enhancement of internal revenue, cost control, and reduction of dependency on government subsidies.
Winners in this category were the Tanzania Forest Services (TFS), the Tanzania Tobacco Board (TTB Tobacco), and the National Bureau of Statistics (NBS).
Other notable institutions included the Business Registrations and Licensing Agency (BRELA) and the Tanzania Insurance Regulatory Authority (TIRA).
In the category of institutions engaged in both commercial and non-commercial activities, under the criterion of good governance, awards were given to institutions that demonstrated high levels of implementation of audit recommendations, received positive audit opinions, published financial reports, and had well-assessed boards.
Winners in this group were the Bank of Tanzania (BOT), the Tanzania Medicines and Medical Devices Authority (TMDA), and the Tanzania Mercantile Exchange (TMX).
Other well-performing institutions included the Public Procurement Regulatory Authority (PPRA) and the Moshi Urban Water Supply and Sanitation Authority (MUWSA).
In the category of excellence in public service delivery, awards were given to institutions that improved digital systems, increased customer satisfaction, and expanded the reach of their services.
The winners in this category were the Jakaya Kikwete Cardiac Institute (JKCI), the Warehouse Receipt Regulatory Board (WRRB), and the Land Transport Regulatory Authority (LATRA).
Other recognized institutions included the Tanzania Plant Health and Pesticides Authority (TPHPA) and the Tanzania Atomic Energy Commission (TAEC).
Speaking before presenting the awards, the Treasury Registrar, Mr Nehemiah Mchechu, stated that the awards are part of the government’s efforts, through his office, to strengthen the management and performance of public institutions, with the goal of increasing their contribution to the national budget.
“We have set a target to ensure public institutions can contribute at least 10 percent to the National Budget by 2028, up from the current 3 percent to 4 percent. These awards are part of the strategy to reach that goal,” he said during the event which brought together over 650 participants.
He added: “The increase in the value of government investment in public institutions, which has now reached Sh86.29 trillion, representing a 32 percent increase compared to the 2019/20 fiscal year, has been driven by investment in strategic sectors.”
For his part, Dr Mpango emphasized that reforms in public institutions are not optional but a responsibility, especially considering that the government has invested Sh86.29 trillion in these institutions.
“Strong governance of public institutions is among the government’s key agenda to ensure that this massive Sh86.29 trillion investment yields returns for the nation,” he emphasized.
He said that these institutions must offer high-quality services, stimulate job creation, and significantly contribute to national revenue.
Dr Mpango explained that non-tax revenue has increased by 37 percent over the past four years, from Sh753.9 billion in 2019/20 to Sh1.028 trillion in 2024/25, and highlighted the Office of the Treasury Registrar’s goal of reaching Sh2 trillion in the current financial year.
He stressed that institutions that have not yet contributed to the Government Consolidated Fund must carry out in-depth evaluations and take concrete steps.
Citing success stories, he mentioned STAMICO and TPDC, which previously relied on government wage subsidies but are now self-sustaining, thereby reducing the burden on the government.
