Africa-Press – Tanzania. TANZANIA Ports Authority (TPA) has won the excellence award in preparing high-quality financial statements, according to the International Financial Reporting Standards (IFRS).
The awards were issued by the National Board of Accountants and Auditors (NBAA) for the 2023/2024 financial year on Thursday evening in Dar es Salaam.
TPA ranked first in the category of Public Institutions, followed by the Tanzania Petroleum Development Corporation (TPDC) and the Tanzania Electric Supply Company (TANESCO), taking third place.
The authority won the first position due to its continued demonstration of transparency, accountability, and professionalism in financial management, as well as earning an unqualified audit opinion from the Office of the Controller and Auditor General (CAG).
The victory stems from the presentation of high-quality and transparent financial reports that comply with international accounting standards, diligent budget execution, and strong managerial accountability in strategic projects.
Receiving the award, TPA Director General Plasduce Mbossa said the achievement is the result of teamwork and unity among staff, management, and the Authority’s Board of Directors.
Speaking at the event, the Deputy Minister for Finance, Laurent Luswetula, congratulated TPA and the other 86 participating institutions, especially the winners, and emphasized the importance of accurate financial reporting in strengthening accountability across both public and private sectors.
