Steam Generation Recoveries Limited

Tanzania's Most Trusted Recovery Partner

Over a decade of professional debt recovery, asset repossession, and auction services for East Africa's leading institutions.

Steam Generation Recoveries & Real Estate Ltd. (SGRL) is a fully licensed, BRELA-registered Tanzanian company headquartered at Mbezi Beach Africana, along the New Bagamoyo Road in Dar es Salaam. We are your trusted partner in navigating the complex world of debt recovery, credit management, real estate, and financial solutions.

With a registration number of 727 272 433 and a team of more than 10 experienced professionals, including debt collectors, auctioneers, legal counsel, and field agents, we deliver services that correct financial discrepancies, maximise revenue recovery, and provide our clients with genuine peace of mind.

Our proprietary technology platform, Recovery Pro Digital (RPD), underpins every operation, giving our clients real-time visibility, centralised data, and automated workflows that drive faster, smarter recoveries.

From our early days as a collections firm in Dar es Salaam, Steam Generation Recoveries has grown into one of Tanzania's most trusted debt recovery, auction, and credit management companies. Our growth has been driven by one uncompromising principle: we don't give up until our clients get paid.

Today, we serve over 20 leading banks, microfinance institutions, SACCOs, government bodies, and private businesses, including CRDB Bank, NMB Bank, KCB, Stanbic Bank, ABSA, Equity Bank, NSSF, TBS, and MUHAS, managing portfolios that collectively exceed TZS 55 billion.

Our technology division continues to build the future of debt management in East Africa through the Recovery Pro Digital platform, making enterprise-grade recovery tools accessible to institutions of every size.

Our values

  • Build The Team – We foster a collaborative culture where teamwork, mutual respect, and employee development drive exceptional outcomes for our clients.
  • Integrity & Ethics – We operate with the highest standards of ethical conduct and transparency, protecting both our clients' interests and our professional reputation.
  • Think Creatively – We embrace innovation and out-of-the-box thinking, continuously developing better solutions and adapting to an ever-changing financial landscape.
  • Relentless Tenacity – We pursue every case with unwavering commitment. Our motto isn't marketing, it's a promise we honour on every single engagement.
  • Legal Compliance – Every action we take is grounded in Tanzanian law and regulatory best practices, protecting our clients from legal and reputational risk.

Compliance

  • BRELA Registered – Certificate of Incorporation No. 117764 – Incorporated under the Companies Act, 2002 – Business Registration & Licensing Agency, Tanzania
  • Licensed Auctioneers – Auctioneer's General Licence (Auctioneers Ordinance, 1928), Authorised to carry on the business of an auctioneer across Tanzania
  • TRA Tax Clearance – Valid Tax Clearance Certificate issued by the Tanzania Revenue Authority, TIN 127-272-433. VAT registered and fully compliant
  • Business Licence – Business Licence No. 20000055134 for Debt Recovery Activities and Commission Agent, issued by Ilala Municipal Council, Dar es Salaam
  • OSHA Certified Workplace – Occupational Safety and Health Authority (OSHA) Certificate of Registration, No. 114 102 116, issued by the Ministry of Health, Tanzania
  • Insurance Cover – Covered under Reliance Insurance with NMB Bank, Dar es Salaam, providing institutional protection for recovery operations

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