Dar es Salaam, June 26 -- A WAVE of strong financial performances among key institutions in Tanzania has led to a sharp rise in dividend remittances to the government and shareholders during the 2024/25 financial year, as recorded by June 9, 2025.

A total of six institutions each remitted over 10bn/- in dividends, up from five last year, with the combined value of contributions surging to 267bn/-.

This is an impressive 56 per cent increase from the 171bn/- garnered during the same period in 2023/24.

These dividends come from institutions obligated by law, either under the Public Corporations Act or the Companies Act to remit earnings to their shareholders, including the government where applicable.

The sharp rise in both the number of...