Dar es Salaam. The Treasury Registrar’s Office is keen to collect Sh1 trillion in non-tax revenue in the 2024/25 financial year.
Speaking at a media briefing in Dar es Salaam on Monday, June 2, 2025, the Treasury Registrar, Mr. Nehemiah Mchechu said that nearly Sh900 billion has already been collected from public institutions and companies in which the government has a minority stake of about 200.
“To date (June 2, 2025) the Treasury Registrar’s Office has collected nearly Sh900 billion in non-tax revenue and our ambition is to collect Sh1 trillion in the 2024/25 financial year,” said Mr. Mchechu.
If the Office manages to collect Sh1 trillion, it will be a 30.4 percent increase compared to the previous financial year when Sh767 billion was collected.
To ensure that the Office reaches the Sh1 trillion target, the Treasury Registrar has urged institutions that have not yet submitted their dividends to do so within this week.
“All institutions that have not yet submitted their dividends to the government, through the Treasury Registrar’s Office, should do so within this week so that by the Dividend Day, June 10 this year, there will be no one to claim,” said Mr. Nehemiah Mchechu, Treasury Registrar.
Mr. Mchechu said the growth in non-tax revenue is due to the strengthening of the system for close monitoring of dividends and contributions in public bodies and the use of IT systems.
“The Office has successfully integrated the Planning and Budgeting System (PlanRep) with the ERMS and e-Watumushi Systems as well as making improvements to the MUSE System which enables obtaining actual information on expenditure in Public Institutions and Organizations to increase transparency and accountability in the management of Public Finance,” said Mr. Mchechu
He said these improvements have now made the systems exchange information properly as part of the implementation of the directive of President Samia Suluhu Hassan who wanted to see the systems harmonized.