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Monday, July 23, 2018

Government earns hundreds of billions in dividends

President John Magufuli hands Tanzania
President John Magufuli hands Tanzania Communications Regulatory Authority (TCRA) Board Chair Jonas Kilimbe (left) a certificate of recognition for the Regulator’s exceptional dividend payout to the government, which went up from Sh13.2 billion to Sh22.3 billion in 2017/18. Looking on is Finance Minister Philip Mpango (right). 
By Alex Malanga @ChiefMalanga amalanga@tz.nationmedia.com
The government’s drive to improve financial discipline in the management of funds in regulatory and executive agencies, as well as in state-owned companies, has started to yield positive results.

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