THE government, through the Office of the Treasury Registrar (OTR), has recorded major strides in collecting non-tax revenue, having reached 749bn/- as of Wednesday this week, representing a 67 percent of the annual target pegged at 1.11trn/- for the 2024/25 financial year.

According to a statement issued by Lightness Mauki, Director of Performance Management, Monitoring, and Evaluation for commercial public entities at the OTR, said that many institutions are still in the process of holding their Annual General Meetings (AGMs), and expressed confidence that the target will be met by the end of the financial year.

 She was speaking ahead of the upcoming Gawio Day ‘Dividend Day’, to be held on June 6, 2025, at the State House in Chamwino, Dodoma.On that day, President Samia Suluhu Hassan is expected to receive dividends from public entities and companies in which the government holds minority shares. 

 “We are confident that we will present a strong dividend to the President on June 6,” she said. From the total collections of 749bn/- dividends from corporations and minority interests accounted for 63 percent.

 The mandatory 15 percent contribution from gross revenues to the Consolidated Fund accounts for 29 percent, while other remittances, including on-lending (loan repayments and interest), and collections from the TTMS system, contributed 8 percent.

 Collections as of Wednesday are significantly higher than the 500bn/- recorded by the same date last year—an increase of nearly 50 percent.According to the Treasury Registrar, Nehemiah Mchechu, OTR’s strong performance is the result of strategic oversight and reforms carried out in collaboration with public institutions. 

He explained that the office has systematically reviewed shareholder agreements, operational contracts, and technical assistance agreements to reduce operational costs and improve returns to the government.

 According to him, the implementation of ICT systems—particularly the Government Electronic Payment Gateway (GePG)—has significantly improved transparency, accountability, and efficiency in revenue collection.

 Neema Musomba, the director of Management Services at OTR, said their office has strengthened quarterly, semi-annual, and annual performance reviews of public institutions, as well as budget scrutiny before approval. 

 "These measures have enhanced the government’s financial oversight of public entities," she underscored as she was speaking ahead of Gawio Day. 

 Musomba also highlighted that performance contract evaluations between OTR and the Boards of Directors of public institutions have been intensified, promoting direct accountability among institutional leaders.

 She asserted that non-tax revenues continue to be a cornerstone for funding essential public services such as education, healthcare, clean water, and infrastructure. 

 These revenues have helped reduce reliance on donor aid and external borrowing, contributing to greater economic sovereignty and policy independence.Musomba emphasized that beyond the financial aspect, non-tax revenues foster greater accountability among public institutions and build public trust in how national resources are managed.

 “Dividends are not just about money—they reflect strong performance, accountability, and institutional participation in national development,” she said. OTR has directed all institutions that have not yet submitted their dividends for the current financial year to do so by June 30, 2025, to support the implementation of government plans for the year.