Implementation of National e-Procurement System to Identify Beneficial Owners
Latest Tanzania economy news · Implementation of National e-Procurement System to Iden… explained · updated Aug 19, 2026 · economy news · GDP · investment
TLDR
- The Prevention and Combating of Corruption Bureau (PCCB) and the National Audit Office of Tanzania (NAOT) have recovered approximately 19 billion Tanzanian Shillings lost through misuse of public funds in procurement.
- Between 2023 and 2026, 470 investigation files benefited from special forensic audits, and 130 audit reports were utilized in court proceedings.
- Out of the cases handled, 76 were successfully concluded with support from reports by the Controller and Auditor General (CAG), with 67 cases involving the recovery of funds.
- Public procurement accounts for over 70 percent of government expenditure, highlighting its importance as a development tool and its vulnerability to corruption, fraud, and bid-rigging.
- The PCCB Deputy Director General emphasized the importance of institutional cooperation in safeguarding public resources during the 19th Annual Meeting of the Working Group on Fight Against Corruption and Money.