TAZAMA Pipelines Limited has participated in Tanzania’s National Dividend Day, popularly known as “Gawio Day”, with a dividend payout to the Government of the United Republic of Tanzania for the 2025 financial year. The state-owned pipeline company, jointly owned by Tanzania and Zambia, declared a total dividend of equivalent to TZS 24.68 billion, representing 25 percent of its net profit for the year ended 31st December 2025.
In line with the one-third shareholding, the Government of Tanzania has received TZS 8.22 billion. The Government of Zambia, holding a two-thirds stake, received K120,378,353.23 last week equivalent to TZS 16.45 billion($6.2 million).
Speaking during the National Dividend Day ceremony at State House in Dar es Salaam today, Tanzania President Samia Samia Suluhu Hassan said the availability of resources, policies and development plans alone were not enough to guarantee success if institutions were not properly managed and held to clear performance outcomes.
She said public institutions must demonstrate how their work improves economic growth, public services and citizens’ welfare instead of producing reports dominated by figures with limited impact. President Samia tasked public institution leaders and boards to strengthen accountability and performance managements.
Earlier, TAZAMA Board Chair Prof. Ephraim Munshifwa said the dividend reflected the company’s strong financial performance, improved efficiency, and commitment to shareholder value. Gawio Day is an annual event where State-Owned Enterprises(SOEs)present dividends to the Government,to demonstrate their contribution to public finances and national development.