Zimbabwe to Privatise Firms but Question Is, When?
The government's plans to privatise certain state-owned entities has been in the pipeline for years. Sanctions, particularly those by the U.S., and other economic challenges has not helped matters, as offers currently being received are far below market value.
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Zimbabwe:
State Firms Privatisation Drags
The Herald, 6 April 2020
The privatisation of subsidiaries and associate companies of state-owned Industrial Development Corporation of Zimbabwe (IDCZ) is moving at a snail's pace as most offers are well… Read more »
Harare (file photo).
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Zimbabwe:
Government Misses Privatisation Deadlines
Zimbabwe Standard, 6 October 2019
The government has failed to meet its targets to revive state- owned enterprises (SOEs) that were outlined under its much-touted economic blueprint amid concerns about policy… Read more »
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Zimbabwe:
Privatisation Deadline for Parastatals
The Herald, 9 October 2018
Government has given under-performing State-owned enterprises (SOEs) and parastatals it has earmarked for disposal -- among them NetOne, TelOne and People's Own Savings Bank (POSB)… Read more »
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Zimbabwe:
Govt Seeks to Privatise Parks
The Herald, 22 July 2019
Government is planning to privatise the commercial side of the national parks and is currently seeking investors as it aims to make maximum profit of the entity. Read more »
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Zimbabwe:
Central Bank Guards Against Bank Failure
The Herald, 3 April 2020
The Reserve Bank of Zimbabwe has put in place policy measures that are meant to ensure that the failure or collapse of a domestic systemically important bank does lead to economic… Read more »
InFocus
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The United Nations Secretary General António Guterres has called for the lifting of sanctions on all countries, including Zimbabwe, in light of the COVID-19 outbreak. ... Read more »
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The United States government has renewed targeted sanctions against President Emmerson Mnangagwa and his administration, saying Zimbabwe 'has had ample opportunity to implement ... Read more »