The Amendments introduce Part IV (Financial transparency and Accountability) to the NGO Regulations which focus on the following: –

• requirement to disclose the fund raising activities;
• publication of funds obtained and expenditures; and
• NGO obligations.

Disclosure of Fund raising activities.

The amended regulations require NGO’s to disclose to the public, Registrar, the council, the Board and other stakeholders within fourteen (14) days from the date of the completion of the fund-raising activities, sources of fund or resources obtained, expenditure of fund or resources obtained, activities to be carried from fund or resources obtained.

Publication of Funds obtained and expenditures.

An NGO receiving more than TZS 20 Million in funds is required to publish bi-annually the funds received and its expenditure in a wide circulated newspapers and media channels for easy accessibility by the beneficiaries. Any contracts or agreements entered with donor or person granting the said fund is to be submitted to the treasury and the Registrar not later than 10 days from the date of entering the said contract or agreement for approval and any other resource received either in cash or in kind before its expenditure should be declared to the Registrar.

Duties and Obligations of the NGO.

The NGO is required to, among other things, develop and adhere to clear, well defined and written financial regulations that are consistent with financial principles and practices as well as ensure that procurement is undertaken in a way it avoids favouritism and corruption and conforms to procurement principles. Furthermore, NGO’s are required not enter into contracts which undermine sovereignty of the state and rights of the people and should adhere to the national laws.