State firms lose Sh400 billion, but it’s not all doom and gloom
President Samia Suluhu Hassan receives the 2022/23 government audit report from Controller and Auditor General Charles Kichere at State House in Dodoma on March 28, 2024. PHOTO | STATE HOUSE
Seven State-owned enterprises collectively lost nearly Sh400 billion in 2022/23, according to the latest report by the Controller and Auditor General, but some slashed their losses compared to the preceding financial year