Stanbic Bank Tanzania has reaffirmed its commitment to Tanzania's development agenda by sponsoring the 2026 Chairpersons and CEOs Forum. The event, set to take place in Arusha from September 27 to 30, will bring together over 700 leaders from state-owned enterprises, government institutions, and the private sector. The forum, organized by the Office of the Treasury Registrar, aims to strengthen the performance of state-owned enterprises and enhance their contribution to the economy.

The forum's theme, "High-Performing SOEs for a Competitive, Inclusive and Resilient Economy: Advancing Dira 2050," reflects the government's focus on improving the efficiency and financial sustainability of public institutions. Stanbic Bank Tanzania's participation in the forum is part of its efforts to strengthen partnerships with government institutions and state-owned enterprises. The bank's support includes financing, transaction banking, capital raising, and advisory services.

According to the Office of the Treasury Registrar, dividends and statutory contributions from state-owned enterprises and companies with government minority shares have increased by 30% to Sh1.33 trillion by June 29, 2026. This marks the highest level recorded, indicating a positive trend in the performance of public institutions. The government continues to push for greater accountability, efficiency, and financial sustainability among public institutions.

Stanbic Bank Tanzania's Head of Corporate and Investment Banking, Ester Manase, emphasized the importance of well-performing and financially sustainable state-owned enterprises to Tanzania's long-term development plans. She noted that state-owned enterprises play a critical role in delivering the country's economic vision and that the bank sees itself as a partner in Tanzania's development journey, not just a banking provider.

The forum will provide a platform for government, state-owned enterprise, and private-sector leaders to strengthen partnerships, identify investment opportunities, and agree on practical measures to support the implementation of Dira 2050. Dira 2050 outlines Tanzania's long-term development ambitions, including strengthening economic competitiveness, improving productivity, and promoting inclusive and sustainable growth.

During the forum, Stanbic will participate in discussions on state-owned enterprise financial sustainability, investment, digital government, and strategic infrastructure projects. The bank will also share its experience on financing sustainable growth and strengthening collaboration between public institutions and the private sector. This will enable the bank to contribute to the development of practical solutions to enhance the performance of state-owned enterprises.

The 2026 Chairpersons and CEOs Forum is a significant event that brings together key stakeholders to discuss ways of enhancing the contribution of state-owned enterprises to Tanzania's economy. With Stanbic Bank Tanzania's support, the forum aims to promote high-performing state-owned enterprises that can drive competitive, inclusive, and resilient economic growth, ultimately advancing Tanzania's long-term development priorities.

Key points

  • Stanbic Bank Tanzania sponsors the 2026 Chairpersons and CEOs Forum to support state-owned enterprises' performance and contribution to Tanzania's economy.
  • The forum aims to strengthen partnerships between government institutions, state-owned enterprises, and the private sector to enhance the implementation of Dira 2050.
  • State-owned enterprises' dividends and statutory contributions have increased by 30% to Sh1.33 trillion, indicating a positive trend in their performance.

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SaharaWire Newsroom
SaharaWire

Reporting for SaharaWire from the Nairobi bureau.