The Office of the Treasury Registrar has announced that the Board Directors and Chief Executive Officers Forum for Companies in which the Government Holds Minority Shares, popularly known as the Minority Interest Forum (MIF 2026), will take place from March 16 to 18, 2026 at the PAPU Hall in Arusha.
Speaking about the upcoming event in a press conference earlier today, the Director of Commercial Entities at the Office of the Treasury Registrar, Ms. Lightness Mauki, said the forum is the third since its establishment and is expected to bring together more than 150 Board Directors and Chief Executive Officers from 56 companies in which the Government holds less than 51 percent of shares.
The Guest of Honour is expected to be Prof. Kitila Alexander Mkumbo, Minister of State, President’s Office – Planning and Investment.
According to Ms. Mauki, this year’s theme, “From Oversight to Foresight: Advancing Agile and Innovative Leadership under Transformation Pressures,” aims to promote a strategic shift in corporate leadership from routine oversight to forward looking, innovative leadership capable of anticipating risks and seizing emerging opportunities in a rapidly changing economic and business environment.
She noted that the forum will deliberate on key issues including forward looking governance and emerging risk management, innovation and sustainable competitiveness, the impact of global geopolitics and market volatility, cybersecurity, and the use of technology to enhance transparency and accountability.
The discussions will also focus on aligning institutional strategies with the National Development Vision 2050 and medium term plans, as well as leveraging economic and competitive intelligence to improve investment decision making.
Explaining the concept of minority shareholding companies, Ms. Mauki said these are commercial entities in which the Government owns less than 51 percent of shares. Under the Public Corporations Act, Chapter 257, institutions in which the Government holds 51 percent or more are recognized as public corporations or public institutions.
As of June 30, 2025, there were 252 public institutions and 56 minority shareholding companies, bringing the total number of entities overseen by the Office of the Treasury Registrar to 308.
Over the past four years, the Government’s investment in minority shareholding companies has recorded significant growth.
The value of investment increased from TZS 821.51 billion in 2020 to TZS 1.94 trillion in 2024, representing a 136 percent increase. Gross revenue rose from TZS 6.81 trillion to TZS 10.74 trillion, while profit increased from TZS 1.79 trillion to TZS 1.95 trillion.
Between 2020 and 2024, these companies contributed approximately TZS 3.67 trillion in corporate income tax.
Dividends paid to the Government also increased from TZS 58.26 billion to TZS 266.52 billion, marking a 357 percent rise.
Ms. Mauki emphasized that minority shareholding companies continue to play a vital role in driving economic growth by generating employment, enhancing skills among Tanzanians, and strengthening key sectors including banking, mining, energy, telecommunications, and manufacturing.
She added that this direction aligns with the vision of Samia Suluhu Hassan, President of the United Republic of Tanzania, to attract investment, improve the business environment, and build a competitive and inclusive economy through public private partnerships.