Why Tanzania's Public Entities are Losing Money Like Water

Negligence, lack of knowledge and some regulatory failures are costing public entities dearly, with the latest audit report by the Controller and Auditor General revealing how some state bodies lose billions despite having efficient control systems. The CAG specifically mentioned the failure to utilise the installed control mechanisms and systems, as well as the deliberate move by some bodies not to educate Tanzanians on some important projects, as reasons for the losses.

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