THE Office of the Treasury Registrar (OTR) has set an internal target of collecting 2trn/- in non-tax revenue in 2026/27, exceeding the government-assigned target of 1.79trn/-.
Lightness Mauki, the acting registrar, unveiled this projection at a breakfast meeting with editors in Dar es Salaam yesterday, ahead of the board chairmen and chief executive officers (C-CEOs Forum 2026) high-level platform for strategic dialogue.
The platform involves board chairmen, CEOs, senior government officials, development partners, investors, regulatory agencies and researchers, she said, unveiling plans for mobilising 1trn/- in capital for suitable institutions and providing development support as equity rather than conventional grants.
“In the longer term, qualifying institutions could access capital markets through initial public offerings (IPOs), while government reviews laws governing recruitment and procurement to enable public institutions to compete more effectively,” she said.
Data with the registrar indicates that the value of public investments under its oversight rose from 67.73trn/- in 2020/21 to 92.28trn/- in 2024/25, representing a 37.7 per cent increase.
David Shambwe, the OTR director of non-commercial enterprises, said the focus was increasingly shifting towards turning government assets into productive investments capable of generating value, returns and measurable outcomes.
The reforms contribute to implementing Vision 2050, with energy and minerals, transport and logistics, financial services, tourism and agriculture identified as key sectors.
Reform issues are expected to dominate discussions at the C-CEOs Forum 2026 under the theme “High-performing state-owned enterprises for a competitive, inclusive and resilient economy: Advancing Vision 2050.”
OTR has intensified institutional and financial reforms aimed at increasing non-tax revenue and improving returns from government investments after collecting 1.327trn/- during fiscal 2025/26.
Reforms are also meant for improving the productivity and financial sustainability of public institutions, with implementation of the Budget Act 2025 having increased the contribution of non-commercial public institutions from 15 per cent to 40 per cent of gross OTR revenue, she said.
The reform initiative is expected to strengthen revenue flows to government while encouraging public institutions to take greater responsibility for their financial performance.
The reforms are also being supported by digitalisation. Mauki said the Public Institutions Management System (PIMS) had been integrated with key national systems, including the Government e-Payment Gateway (GePG), Government Human Resources and Payroll Management Information System (MUSE) and Electronic Records Management System (ERMS).
She said the integration was improving efficiency, visibility and predictability while reducing reliance on manual processes.
Beyond revenue collection, OTR is seeking to improve returns from Government investments, particularly in mining as the government currently holds shares in 16 mining projects, up from 10 during fiscal 2024/25.
Increased investment by itself would not guarantee better returns unless institutions managing government assets improve their performance, for which OTR has engaged 13 consulting firms to independently assess public institutions under its oversight and recommend areas requiring improvement. The exercise, which began in January 2026, has completed its first phase, she said.
Dependence on government subsidies by non-commercial public institutions had declined by an average of 12.8 per cent over the past five years, reflecting efforts to improve efficiency and strengthen internally generated revenues.
The Tanzania Railways Corporation (TRC) has started meeting salary obligations from its own resources, while the Tanzania Petroleum Development Corporation (TPDC) and the State Mining Corporation (STAMICO) have achieved self-reliance. The Tanzania Bureau of Standards (TBS) is at the final stage of attaining a similar position, she elaborated.
For commercial public institutions, OTR is pursuing a phased strategy to improve competitiveness and reduce dependence on government support. In the short term, covering one to two years, the focus will be on reducing dependency, conducting annual performance assessments and introducing performance contracts, she added.
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