Dar es Salaam, April 18 -- DAR ES SALAAM: THE Tanzania Agricultural Development Bank (TADB) dividend payout to the government increased by 556 per cent in the period ending December last year, reflecting the banks strong financial performance and growing role in supporting the agricultural sector.

The bank declared a dividend of 5.58bn/-, a significant jump from the 850m/- paid the previous year.

This sharp rise not only highlights improved profitability, but also signals greater returns on public investment and enhanced capacity to finance agricultural transformation across the country.

Speaking during the TADBs Annual General Meeting (AGM), the Director of Planning and Research at the Treasury Registrars Office, Mr Mohamed Nyasama, a...