#state-owned enterprises

The government is advancing with extensive reforms intended to enhance state-owned enterprises (SOEs) that have suffered from years of state capture. According to Cabinet, these reforms are designed to ensure that the SOEs are adequately equipped to fulfill their intended roles.

Tanzania's state-owned enterprises have reported a record dividend of Sh1.3 trillion, marking a 30 percent increase in national dividends. This surge is attributed to efficiency reforms that have transformed these state firms from being reliant on subsidies to becoming significant revenue generators, according to The Chanzo.