DODOMA, June 5 -- THE Ministry of Finance is gearing up for a results driven next financial, with plans focused on boosting profitability in state-owned enterprises, expanding the reach of national statistics and tightening regulation in the gambling sector.

The National Insurance Corporation (NIC) is projecting an increase in gross profit to 67.48bn/- in 2025/26, a rise from 58.94bn/- recorded in 2024/25.

The Minister for Finance, Dr Mwigulu Nchemba, said to support this growth, the insurer will review eight property and accident insurance products and three life insurance products.

“These reforms are about ensuring the corporation remains competitive and contributes more significantly to national revenue,” said Dr Nchemba...