DAR ES SALAAM, Dec. 7 -- THE government has issued a tough warning to underperforming public institutions, cautioning that those failing to improve swiftly may be merged or dissolved.

Speaking to reporters after a working session with the Office of the Treasury Registrar (OTR) management, Minister of State in the Presidents Office – Planning and Investment, Prof Kitila Mkumbo said it is unacceptable that some public enterprises continue to underdeliver dividends despite the significant investments made by the government.

He added that targeted institutions would be given a clear timeframe to improve before the government decides whether to merge or dissolve them where necessary.

“It is better to have a few commercial entiti...