Tanzania, March 28 -- Dar es Salaam. Air Tanzania Company Ltd (ATCL) extended losses by 61 percent during the last financial despite significant government investment aimed at reviving the state-run airline.

According to Controller and Auditor General (CAG) Charles Kichere, who presented the summary of audit reports for 2022/23 in Dodoma on Thursday, March 28, 2024, ATCL's losses surged by 61 percent to Sh56.64 billion, compared to Sh35.2 billion in the previous year.

Read: Air Tanzania posts Sh35.2 billion loss

"The loss widened despite the fact that the company received government grants worth Sh31.55 billion to boost its operations," said Mr Kichere who handed the annual audit reports to President Samia Suluhu Hassan at State House....