Struggling state firms to know their fate in August

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Treasury Registrar, Mr Nehemiah Mchechu speaks at a past event. PHOTO | COURTESY 

Dar es Salaam. The government will next month publicise underperforming corporations that need to be scrapped, merged, or given more time to improve their performance.

Treasury Registrar, Mr Nehemiah Mchechu, made the announcement yesterday while receiving Sh2.5 billion in dividends from TIPER, Tanzania’s largest oil storage facility.