Annual general report of the controller and - Parliament of Tanzania

Prior to that, CHC had also inherited the activities of the
former Loans and Advances Realization Trust (LART) and Air
Tanzania Holding Corporation (ATHCO).
This chapter highlights important matters extracted from
the annual reports of Consolidated Holding Corporation,
Presidential Public Sector Reform Commission and SIMU
2000 Ltd and the Statement of Public Investments prepared
by the Treasury Registrar as at 30 th June 2008.
12.1 Status of Public Authorities and other Bodies
As at the date of preparing this report, 164 active PA&oBs
had been identified. In addition to 43 PA&oBs have either
ceased to operate or have been privatised with the
Government maintaining minority shareholding. A review
of the Treasury Registrar’s statement for the year ended
30 th June 2008 of the 43 PA&oBs revealed that twelve(12)
PA&oBs are under privatisation process, fourteen (14) are
not operating, twelve (12) are under liquidation, four (4)
are under restructuring and one (1) is undergoing winding
up process. Generally the Government has investments
worth TZS.246,666,172,379. In summary, Public Authorities
and other Bodies that are undergoing various legal
processes are as shown in the table below:
S/N Status of Public Entities Entity Total Investment
No
Shs
1. PA&oBs under privatization
process
12 91,900,617,960
2. PA&oBs not operating 14 85,905,745,060
3. PA&oBs under liquidation
process
12 10,691,271,115
4. PA&oBs under restructuring
process
4 70,675,136,552
5. PA&oBs undergoing wound up
process
1 (12,506,598,308)
Total 43 246,666,172,379
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Office of the Controller and Auditor General PA&oBs 2007/08 214