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Tanzania Repossesses 15 Privatised Enterprises

Industry and Trade Minister Joseph Kakunda says 15 non-performing enterprises will be deprivatised, adding that the government will take over 33 more if they fail to submit their investment reports in early May. Twenty years ago, the government privatised 176 state-owned firms under the World Bank-funded Presidential Parastatal Sector Reform Commission.

Tanzania: Tanzania Retakes 15 Privatised Enterprises

East African, 1 May 2019

The Tanzania government has moved to repossess over 15 enterprises that had been privatised over non-performance. Read more »

Emmanuel Herman/The Citizen

(File photo).

Tanzania: Tanzania - Government to Confiscate Privatised Cashew Processing Plants That Are Domant

Citizen, 4 April 2019

President John Magufuli today issued a strong warning to owners of cashew nut processing factories, saying government won't hesitate to repossess them if they continue to remain… Read more »

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