Thankyou for visiting the Consolidated Holding Corporation Website. This website is meant to inform you of CHC profile and its activities in Tanzania. It covers a wide range of topics regarding Privatization in Tanzania and Investment in general.

Our Mission is to apply the best commercial prospective in the disposal of residuals assets, Collection of charged off loans, liquidation of public enterprises, divestiture, coordinating regulatory authorities, monitoring and evaluation of privatized entities and finalization of all cases transferred to the Corporation by virtue of the establishment Act.

CHC aspires to become a strong and capable organization that will effectively and efficiently accomplish its functions for the national interest. 

Our strategic priorities during the third term strategic plan remain firmly as achieving high level of performance in managing the Corporation functions, which includes; managing its investments in NBC (1997) Ltd 30% share, Loan recovery in respect of debtors of: CHC, Ex-LART, Ex-ATHCO, Ex-SIMU 2000 LTD, and Ex-PSRC, sale of landed properties, divestiture of parastatal organizations, liquidation of Public Enterprises (PEs), settlement of creditors, handling of litigation and claims and conducting monitoring and evaluation of privatized entities.

At this end, on behalf of myself, employees of CHC and the Corporation at large, I am pleased to mention the successes and achievements realized during the past strategic plan 2002 – 2007. It was from individual and collective efforts of staff, management and board of directors, the following were made possible: reduction on number of cases inherited, settlement of obligation without drawing funds from the government, remitting significant amount to the government, improved debt collections, commercially disposal of landed properties and proper management of investments. Having mentioned the successes above, it is also important to mention the challenges we have faced during the same period as; poor conditions of landed properties and marketing of landed properties without title deeds, non repayment behaviour among debtors, difficulties associated with court system/calendar. Therefore, we have developed a strategic plan as a tool to respond to these challenges that have been faced in the past while striving to overcome both the foreseen and unforeseen ones in the future.

We appreciate the ongoing support, advice and guidance given by our stakeholders, including but not limited to: customers, development partners, Board of Directors, Government through the Minister of Finance and Economic Affairs and staff for their commitments towards achieving Corporation’s Vision and objectives.  We look forward for continued efforts to perform our functions, roles and responsibilities to realize the Corporation’s vision.

Methusela Mbajo (Mr)
The Ag. Director General