Government moves to strengthen dividend distribution in Public Entities

ZANZIBAR-The Office of the Treasury Registrar (Tanzania) participated in a stakeholders’ meeting to present the Draft Guideline for the Preparation of the Dividend Policy for public investment institutions in Zanzibar.

The meeting, held on Tuesday, November 11, 2025, at the headquarters of the Zanzibar Utilities Regulatory Authority (ZURA), was officially opened by the Deputy Permanent Secretary in the President’s Office – Finance and Planning, Mr. Aboud Hassan Mwinyi.

Presenting her paper at the meeting, Acting Treasury Registrar of Tanzania, Ms. Lightness Mauki, said that developing the Dividend Policy Guideline is an important step in the Government’s efforts to ensure that public institutions and those with government investments make a positive contribution to the national economy.

She noted that the policy aims to establish a clear, fair, and balanced framework for dividend distribution to enhance accountability and efficiency in the management of public capital.

Ms. Mauki, who was accompanied by the Director of Administration and Human Resources, Mr. Chacha Marigiri, explained that despite progress made in recent years, some institutions are yet to fully comply with their obligation to remit dividends.

“Transparency, collaboration, and financial discipline are key factors that will help improve the performance of all public institutions in dividend distribution,” she emphasized.

For his part, Mr. Mwinyi said that the Revolutionary Government of Zanzibar will continue taking various measures to ensure that public institutions and enterprises perform effectively in dividend distribution, as part of efforts to accelerate economic and social development.

The meeting brought together heads of public investment institutions and officials from the Department of Public Capital and Investment under the Treasury Registrar’s Office, Zanzibar.

It was also attended by Zanzibar Treasury Registrar, Mr. Waheed Muhammad Ibrahim Sanya, who led his office’s delegation during the discussions.

Mr. Sanya reaffirmed the government’s commitment to ensuring that all public institutions operate efficiently and generate dividends that support national development projects.

“Public corporations and institutions are vital engines of our national economy. It is our responsibility to ensure they perform commercially and deliver appropriate dividends that contribute to the well-being of our citizens,” he said.