privatization

News

Tunisia: Private Education Can Contribute to Nation's Economic Future - Study
[IFC] Tunis, Tunisia, May 17, 2012 - About 1.6 million youths will enter Tunisia's labor force over the next decade and private education providers could help many of these young people find rewarding, well-paying jobs, according to a new study by IFC, a member of the World Bank Group.
AllAfrica | 17-May-2012 16:29

Nigeria: Minister Flayed Over Privatisation of Daily Times
[This Day] President Goodluck Ebele Jonathan has been called upon to sack the Attorney General of the Federation (AGF) and Minister for Justice, Mr. Mohammed Adoke, for misleading the Federal Government and the general public on the privatisation of Daily Times of Nigeria as well as taking actions which militated against efforts at gainful operations of the publishing organisation.
AllAfrica | 15-May-2012 13:17

Nigeria: BPE to Name Power Privatisation Winners October
[This Day] The Bureau of Public Enterprises, Saturday, said it would announce the preferred bidders for state power assets in October. Thus, it hopes to alleviate chronic electricity shortages afflicting the country.
AllAfrica | 14-May-2012 12:34

Nigeria: FG Dumps Senate Privatisation Report
[Daily Trust] The Federal Government may have dumped the Senate report which called for the cancellation of sales of multi-billion naira Federal Government companies under former President Olusegun Obasanjo many of which the report alleged were fraudulently sold.
AllAfrica | 07-May-2012 13:10

Kenya: Oil Blocks in Turkana Not Being Privatised
[Capital FM] Nairobi, Kenya - The Ministry of Energy has denied allegations that it is privatising several blocks of land for oil exploration in Turkana.
AllAfrica | 03-May-2012 05:49

South Africa: Virgin Appoints Nation's Space Travel Agent
[SAPA] Johannesburg - The first accredited agent to sell space flights in South Africa has been appointed, Virgin Galactic announced on Wednesday.
AllAfrica | 02-May-2012 20:44

Nigeria: 'Unpaid Bills Hindering Power Privatisation'
[Leadership] Government agencies owe state power firm $140 million in unpaid electricity bills, the power minister Prof. Barth Nnaji said, hampering privatisation plans seen as vital for overhauling the country's dilapidated power sector.
AllAfrica | 01-May-2012 11:20

Tanzania: It's Time National Airline Was Privatised
[Daily News] IT is about time now the government took a bold political and economic decision and privatized Air Tanzania Corporation Ltd (ATCL).
AllAfrica | 30-Apr-2012 13:37

Private Sector to Present PPP Proposals to Cabinet
[The Herald] DEBATE around the establishment of a Public Private Partnership (PPP) Unit within Government structures has been re-ignited as the private sector is set to present a PPP policy brief to Cabinet. The private sector initiative is being driven by the Zimbabwe National Chamber of Commerce, which, in conjunction with the University of Zimbabwe, recently commissioned a study into Zimbabwe's state of infrastructure and the role of PPPs in rehabilitation and improvement.
AllAfrica | 25-Apr-2012 11:57

Tanzania: Private Companies Urged to Join Anti-Malaria Campaign
[Daily News] Private companies have been asked to join the United Against Malaria (UAM) campaign to ensure employees and their families stay healthy to be able to contribute to economic growth.
AllAfrica | 25-Apr-2012 02:48

Mozambique: Privatisation of Port Management a Success - PM
[AIM] Maputo - Mozambican Prime Minister Aires Ali said on Thursday that the government's decision to farm out management of the port of Maputo to a private company has produced results of great importance for the country's economy.
AllAfrica | 23-Apr-2012 08:15

Tanzania: Mkapa Defends Privatization
[Daily News] FORMER President Benjamin Mkapa has defended his decision to privatize public industries and corporate during his presidency, saying the move aimed at improving production and services in order to increase revenues.
AllAfrica | 15-Apr-2012 11:11

Nigeria: Don Faults Hasty Privatization of PHCN
[Daily Trust] Lagos - Director of the National Centre for Energy Efficiency and Conservation (NCEEC), Prof. Wole Adegbenro, says the current privatization of the power sector is being done in a hurry.
AllAfrica | 11-Apr-2012 12:36

Nigeria: President Insists on Scheduled Conclusion of Power Reforms
[This Day] President Goodluck Jonathan has warned that further delays or a shift in the timeline for the conclusion of the planned privatisation of the successor power utilities hived off from the Power Holding Company of Nigeria will no longer be entertained.
AllAfrica | 08-Apr-2012 13:39

Nigeria: BPE Releases Revised Transaction Agreements for PHCN Sale
[Leadership] The Bureau of Public Enterprises (BPE) has released the revised industry and transaction agreements to the 152 potential investors interested in the privatisation of the 17 successor companies created from the unbundling of the Power Holding Company of Nigeria (PHCN). The 13 agreements were sent to the bidders on Friday, March 30, 2012.
AllAfrica | 05-Apr-2012 13:50

Nigeria: FG Releases Agreement to PHCN's Potential Buyers
[Daily Trust] The Bureau of Public Enterprises (BPE) has released the revised industry and transaction agreements to the 152 potential investors interested in the privatisation of the 17 successor companies created from the unbundling of the Power Holding Company of Nigeria (PHCN).
AllAfrica | 05-Apr-2012 13:15

Africa: Private Sector Role in Millennium Challenge Corporation Compacts
[State Department] Millennium Challenge Corporation Fact Sheet: Private Sector Participation in MCC Compacts
AllAfrica | 05-Apr-2012 00:25

Ghana: Outages Raise Concern Over Energy Security
[Public Agenda] Three months into 2012, which happens to be an election year, Ghana has experienced three major worrying power outages that have raised serious concerns about the nation's energy sufficiency and security.
AllAfrica | 04-Apr-2012 17:22

Nigeria: NCP Approves Canadian Firm for Transmissions
[Vanguard] Abuja - The National Council on Privatisation (NCP) yesterday approved a Canadian firm, Manitoba Hydro International for simultaneous opening of their financial proposal and commencement of contract negotiations as the management contractor for the Transmission Company of Nigeria (TCN).
AllAfrica | 03-Apr-2012 13:51

Ethiopia: Midroc's Bids for Five State Enterprises Approved by Agency
[Addis Fortune] MIDROC is buying, at 1.3 billion Br, five of the eight state enterprises, which the Privatisation & Public Enterprises Supervising Agency (PPESA) had put up for sale.
AllAfrica | 27-Mar-2012 11:58

Nigeria: Again, Nitel in the Eyes of the Storm
[This Day] Conflicting signals from the House of Representatives on the sale of NITEL has left the Bureau of Public Enterprise (BPE) in a more confused state, even as the sale of NITEL keeps dragging. Emma Okonji looks at the issues surrounding the unending privatisation process for NITEL, amidst government interest. Excerpts:
AllAfrica | 22-Mar-2012 09:47

Nigeria: Electricity Workers Fault Power Sector Privatization Drive
[Daily Trust] Selfishness and greed are the main reasons the Federal Government is bent on privatising the power sector, President of the National Union of Electricity Employees (NUEE) Comrade Mansur Musa has said.
AllAfrica | 22-Mar-2012 08:51

Zambia: CSOs' Role in Mineral Wealth Sharing
[Times of Zambia] FOLLOWING the privatisation of the mines in Zambia, there has been a concern that the sector may not be contributing as much as it should to the local economy and the social sector.
AllAfrica | 22-Mar-2012 06:37

Previously Missed Hearing on Awassa Hotel Adjourned for Investigation
[Addis Fortune] Justices at the Federal Supreme Court adjourned the hearing of an appeal in the case between the Privatisation & Public Enterprises Supervising Agency (PPESA) and United Africa Group (UAG) by a little over a month, for further investigation.
AllAfrica | 21-Mar-2012 10:19

South Sudan: Govt Receives Grant to Boost Private Sector Development
[World Bank] Juba - The nascent country of South Sudan will receive its first World Bank grant to help create jobs and increase access to finance for entrepreneurs, especially youth and women. The grant agreement of US$9 million was signed today by the National Minister of Finance and Economic Planning, Hon. Kosti Manibe Ngai, and Laura Kullenberg, Country Manager for the World Bank in South Sudan.
AllAfrica | 19-Mar-2012 13:38

Africa: PMs from Forty Countries Agree to Promote Private Sector Growth
[IMF] Washington, DC - Over 100 Members of Parliament (MPs) from 40 African countries have agreed to step up efforts to improve the business environment on the continent by reviewing legislation linked to governance, trade barriers, and regional infrastructure in a bid to strengthen sustainable private sector development. They met during a conference on Private Sector Development in Africa as a Cornerstone for Sustainable Growth held in Kigali, Rwanda, March 14-16.
AllAfrica | 16-Mar-2012 15:04

Nigeria: BPE Refutes U.S.$105 Million Price Tag On NITEL/MTEL
[Daily Champion] Abuja - BUREAU of Public Enterprises has refuted the alleged price tag of $105 million placed on Nigeria Telecommunications (NITEL) and its mobile subsidiary, MTEL, saying that the Bureau has no powers to take such decisions without directive from the supervising Council, the National Council on Privatisation.
AllAfrica | 16-Mar-2012 11:49

Nigeria: Representatives Reject Sale of NITEL/MTEL - To Probe Transaction
[Daily Champion] The planned liquidation of Nigeria Telecommunications Limited ( NITEL ) and Mobile Telecommunications Limited ( MTEL ) may have run into another hitch as federal lawmakers insist on proper articulation of the assets and liabilities of the firms prior to their sale.
AllAfrica | 15-Mar-2012 10:35

Nigeria: Representatives to FG - Stop NITEL Liquidation
[Daily Trust] The House of Representatives has ordered the National Council on Privatization (NCP) not to go ahead with the planned liquidation of the comatose Nigerian Telecommunications Plc (NITE) and its mobile subsidiary, Mobile Telecommunications Limited (MTEL).
AllAfrica | 15-Mar-2012 10:27

East Africa: Private Sector Keen On Regional Trade
[New Vision] WITH the current hindrances to the flow of trade within the East African Community (EAC), there is a need to strengthen partnerships between private and public sectors to improve the region's investment climate, a regional forum has observed.
AllAfrica | 13-Mar-2012 16:02

Nigeria: NUPTE Urges FG to Re-Assess Decision to Privatise Nitel, M-Tel
[Leadership] The National Union of Postal and Telecommunications Employees (NUPTE) has urged the Federal Government to re-assess its decision to privatise NITEL and M/tel.
AllAfrica | 12-Mar-2012 12:46

Nigeria: PHCN Privatization Still On Course FG
[Daily Trust] Federal Government is not going back on its privatization plans for the power sector, the Minister of State for Power, Mr Darius Ishaku has said.
AllAfrica | 09-Mar-2012 13:16

South Africa: News Channel Should be Privatized
[DA] Privatization should be a serious option in the SABC's turnaround strategy. Documents presented to the Parliamentary Portfolio Committee of Communications today by the SABC team tasked with implementing the findings of the Auditor General's report into the state entity, stated that the "root causes of the findings are still prevalent'".
AllAfrica | 08-Mar-2012 19:42

Media Liberalization Program Moves Forward
[U.S. Embassy Abidjan] A front-page headline in Fraternite Matin says potential private TV owners will have to pay one billion FCFA (about two million U.S. dollars) as a deposit as part of the government's broadcast media liberalization program.
AllAfrica | 08-Mar-2012 18:35

European Bank Encourages Pre-Revolution Privatization Schemes
[HRInfo] The European Bank for Development and Reconstruction issues a strategy for Egypt that does not include human development as a goal
AllAfrica | 08-Mar-2012 18:30

FG Signs Regulation for Independent Power Distribution
[Leadership] Determined to squarely address the nation's power challenge, the federal government, through the Nigerian Electricity Regulatory Commission (NERC) has signed into effect regulations for two critical licence types that would allow independent interests to generate and distribute power.
AllAfrica | 08-Mar-2012 12:57

Nigeria: Experts Applaud FG's Guided Liquidation Option for Nitel
[This Day] Information Technology experts have commended the Federal Government for opting for 'guided liquidation' of the Nigerian Telecommunications Limited (NITEL) and M-Tel, its mobile subsidiary.
AllAfrica | 08-Mar-2012 11:22

Nigeria: Power Privatisation Still On Course - FG
[Vanguard] Abuja - The Federal Government has insisted that the privatisation of the power sector was still on and would be allowed to run its full course if the sector must rebound and provide efficient and reliable electricity to Nigerians.
AllAfrica | 07-Mar-2012 12:37

Nigeria: NITEL Sale - From Unbundling to Guided Liquidation
[This Day] After several failed attempts to sell the Nigerian Telecommunications Limited (NITEL) since 2001, when the initiative for the privatisation of government parastatals was muted, government had devised several methods to sell the ailing First National Telecoms Operator.
AllAfrica | 07-Mar-2012 11:55

Nigeria: NITEL Liquidation - Labour Wants FG to Settle Creditors, Workers
[This Day] Organised labour in the telecommunications sector has welcomed the Federal Government's decision to liquidate the Nigerian Telecommunications Limited (NITEL), stating that it was the best thing to do; given the decaying assets, which have not been utilised in recent years.
AllAfrica | 07-Mar-2012 11:55

Nigeria: Shift in Power Privatization Timetable Worries Us
[Daily Trust] Power officials have defended the proposed increase in Nigeria's electricity tariff amid concerns by the US over an extension of the deadline for privatizing electricity supply.
AllAfrica | 07-Mar-2012 07:46

Nigeria: Onyemelukwe - Privatisation Review of Power Companies Inevitable
[This Day] Group Chairman, Colechurch International Limited, Mr. Clement Onyemelukwe was the founding chief engineer, Electricity Company of Nigeria, before he went back to England to start Colechurch International Ltd in 1977. In this interview with Festus Akanbi, he reviewed the ongoing privatisation of the 11 distribution companies, saying Nigeria will only get value for its investment in the power sector over the years if the entire process is reviewed.
AllAfrica | 05-Mar-2012 13:26

Nigeria: FG Makes Fresh Move to Sell Nitel/M-TEL
[Leadership] The National Council on Privatisation (NCP) has approved 'guided liquidation' as the strategy for the privatisation of Nigerian Telecommunications Ltd (NITEL) and its mobile arm, M-TEL, in view of the huge liabilities of both companies.
AllAfrica | 02-Mar-2012 11:48

Nigeria: At Last, FG Approves Liquidation of Nitel, M-Tel
[This Day] The Federal Government has finally approved the adoption of "guided liquidation" strategy for the privatisation of Nigerian Telecommunications Ltd (NITEL) and its mobile arm, M-Tel, following huge liabilities of both companies.
AllAfrica | 02-Mar-2012 10:07

Nigeria: PHCN Privatisation - No Deal With FG, Says Labour
[This Day] Organised labour in the nation's power sector has debunked media reports that labour and government have reached agreement on over 85 per cent of demands ahead of privatisation of Power Holding Company of Nigeria, (PHCN).
AllAfrica | 29-Feb-2012 11:49

Kenya: Give Farmers Priority in New KCC Sale, Says Minister
[Business Daily] Co-operatives Development Minister Joseph Nyagah has blamed politicians for the slow pace of New-KCC's privatisation.
AllAfrica | 28-Feb-2012 05:54