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.

Don't Miss

AllAfrica publishes around 600 reports a day from more than 130 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.