News : Privatization

Angola: Igape Approves Sale of Four Industries in Economic Zone

[ANGOP] Luanda -- Angola's State Assets and Stake Management Institute (IGAPE) approved four technical and financial proposals in the first phase of the privatisation process of 13 industrial units in the Special Economic Zone (ZEE) Luanda-Bengo. (AllAfrica)

Rwanda: Why Rwanda Has Changed the Policy On Privatisation

[New Times] Over the years, the government of Rwanda has reiterated its intentions to divest from business operations especially in sectors where private sector entities have demonstrated efficient management and competitiveness. (AllAfrica)

Namibia: Private Sector Credit in January Increases By N$304.6 Million

[Namibia Economist] Private sector credit increased by N$304.6 million or 0.3% m/m in January bringing the cumulative credit outstanding to N$104 billion, according to latest Bank of Namibia figures. (AllAfrica)

Nigeria: DISCOs - We Have Received No Subsidies Since 2013 Privatisation

[This Day] Abuja -The electricity distribution companies (Discos) in Nigeria's power sector have denied receiving financial subsidies from the federal government since 2013 when the sector was reformed, and privatisation exercise concluded. (AllAfrica)

South Africa: Privatising Eskom Means Neoliberalism Is the Winner - SADTU General Secretary

[Daily Maverick] An interview with Mugwena Maluleke, a board member of the Public Investment Corporation and general secretary of Cosatu affiliate the South African Democratic Teachers Union, on the federation's proposal to raid government employee pension fund savings to rescue Eskom. (AllAfrica)

Angola: Second Phase of Factories Privatization Starts This Month

[ANGOP] Luanda -The second phase of the privatization process, which foresees the sale of 13 industrial units in the Economic Zone (ZEE) Luanda / Bengo, starts this month and may extend until April 2020, announced today the executive director of IGAPE, Akiules Neto. (AllAfrica)

Kenya: Dock Workers File Application to Withdraw Suit Contesting Port Privatization

[Capital FM] Mombasa -The Dock Worker Union (DWU) board on Thursday applied to pull out of a petition challenging the privatization of the second container terminal (CT2) at the port of Mombasa. (AllAfrica)

Ghana: Cede Part of Tor to Private Investors-MD

[Ghanaian Times] Cede part of the Tema Oil Refinery (TOR) to private investors to revamp and improve the company's operations, Managing Director of Tema Oil Refinery (TOR), Isaac Osei, has recommended to government. (AllAfrica)

South Africa: Nehawu Opposes the Privatisation of the NTP Radiosotopes

[COSATU] We would like to make it categorically clear that if these allegations are true we stand opposed to the privatisation of one of the few profit making SOC with R1, 3 billion revenue, bringing foreign revenue and paying millions in tax, which also has a serious potential to grow fivefold from where it is currently. (AllAfrica)

Ethiopia: Ethiopia Urged to 'Carefully' Manage Its Privatization Process

[ENA] Addis Ababa -Ethiopia's plan to partially or fully privatize state owned institutions has to be done in extra vigilant manner, an African economist said. (AllAfrica)

Nigeria: Stakeholders Urge Govt to Privatize Refineries, Deregulate Downstream

[Vanguard] Stakeholders in the downstream sector of Nigeria's petroleum industry have called on the Federal Government to privatise the refineries and deregulate the sector as part of 13 measures adopted to stimulate sustainable growth. (AllAfrica)

Zimbabwe: Privatizing Railroads Could Be Right Track for Economy

[VOA] President Emmerson Mnangagwa hopes to revive Zimbabwe's economy by ensuring that state-owned companies stop using tax dollars. (AllAfrica)

Zimbabwe: Telecel Up for Partial Privatization

[263Chat] Government has set timelines for the partial privatisation of mobile network operator Telecel as part of the broader programme to get rid of under-performing parastatals. (AllAfrica)

Africa: Privatization of Africa's State-Owned Telcos Is Stuck in a Rut - Potential Assets Are Wasting Away

[Balancing Act] London -Two recent privatization announcements have re-ignited interest in whether momentum might be returning to what has seemed like a stuck process. Russell Southwood reviews where the process has got to and why it remains important. (AllAfrica)

Nigeria: Why Many Nigerians Oppose Privatisation - BPE DG

[Daily Trust] The Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A Okoh, in this exclusive interview with Daily Trust reveals why many Nigerians oppose privatisation as an economic policy. (AllAfrica)

South Africa: Num to March Against Ipps, Retrenchments and the Privatization of Eskom

[COSATU] The National Union of Mineworkers (NUM) is gearing itself up for an inter-sectorial march to be staged at the Unions Building in Pretoria next week on the 17th of November 2018. We call upon all workers organised in the mining, energy and construction sectors, community members, truck associations, our sister unions in Cosatu, the ANC alliance partners to prepare themselves so that they can join us on the 17th November 2018 to peacefully march in a protest against the Independent Power Producers (IPPs) and (AllAfrica)

Togo:Togo's Partial Privatization Will Not Solve the Market Blockages That Are Holding Back the Country's Full Potential

[Balancing Act] London -For years Togo's Government has been dancing around what it is going to do about its inefficient state telcos. It has now pushed them both together into a single entity and announced that it will offer a minority stake to a private operator. Russell Southwood looks at why it has not addressed the key issues that the market needs to develop. (AllAfrica)

Ethiopia:Enterprise Takes Steps to Privatise

[Addis Fortune] The executives of Ethiopian Shipping & Logistics Services Enterprise has started assessing the procedures of privatisation. (AllAfrica)

Ethiopia:The Quest for Privatization in Ethiopia's New Political Landscape

[Addis Standard] As recently as March 2018, the discussion of neither political reforms nor economic liberalization was inconceivable in the Ethiopian political context. The changes both may have been an internal party decision particularly after EPRDF's 17 days dramatic deep renewal closed door meeting in Dec. 2017. However, there is no denying that the emergence of a reformist, young, and ambitious Prime Minster Abiy Ahmed has not just sparked unprecedented hopes and opened possibilities in the country, but also put thes (AllAfrica)

Ethiopia:Private Interests Compromise Privatisation's Advisory Council

[Addis Fortune] An advisory council has been set up to ensoure partial privatisation of large state enterprises is undertaken transparently. Although it is commendable that members of the council bring a wide set of expertise to the table, there needs to be a robust code of conduct to protect against conflict of interests, writes Yemareshet Taye (, a compliance advisor at a French asset management firm based in Paris. (AllAfrica)

Ethiopia:Government Privatisation Advisory Council Forms and Meets

[Addis Fortune] The Prime Minister established a 21-member privatisation advisory council on Friday (AllAfrica)

Africa:Learning From Africa's Experience of Privatization

[Ethiopian Herald] It has been a while now since Ethiopia announced that it is set to partially and wholly privatize a number of its major State Owned Enterprises (SOEs). These SOEs include some of the largest and well greased profit machines like Ethiopian Airlines and Ethio-telecom. Others include moderately successful SOEs engaged in energy generation while the rest comprise of poorly performing sugar factories and hotels. (AllAfrica)

Ethiopia:Don't Privatize Ethiopian Airlines

[Addis Standard] In a stunning announcement, Prime Minister Abiy Ahmed disclosed on June 5 that the Executive of the EPRDF has decided to privatize some of the largest state-owned enterprises (SOE) in Ethiopia. (AllAfrica)

Ethiopia:The Right Road to Successful Privatisation

[Addis Fortune] The Executive Committee of the EPRDF has taken a bold step to privatise some of its most profitable enterprises: Ethiopian Airlines, Ethio-telecom, Ethiopian Electric Power, Ethiopian Shipping & Logistics Services Enterprise (ESLSE). (AllAfrica)

Ethiopia:If, When We've to Sell the Family Silver

[Addis Fortune] Privatisation has its benefits, but if undertaken it should be done to improve the performance of state enterprises and needs to be combined with well-thought-out liberalization and regulatory reforms. Divestiture ought to be carried out transparently and in phases, writes Fiseha Haile (, an economist at the World Bank. The views and opinions expressed in this article are solely those of the author and do not necessarily reflect the views of the World Bank. (AllAfrica)

Nigeria:Post-Privatisation Blues Inevitable in Power Sector, BPE Insists

[This Day] Abuja -The Bureau of Public Enterprises (BPE) has said the current challenges in Nigeria's electricity sector were consistent with a market that had been privatised. It assured the sector will eventually pull out of the situation to become productive. (AllAfrica)

Ethiopia:Privatization for Better Economic Growth

[Ethiopian Herald] In November 1991, Ethiopia established the objective of economic reform that has been facilitated by the Transitional Economic Policy (TEP). (AllAfrica)

Seychelles:Appointment of Commission of Inquiry Into the Disposal of the Immovable Assets of COSPROH During the Process of Its Privatisation

[Government of Seychelles] President Danny Faure has today appointed a Commission of Inquiry to investigate the disposal of the immovable assets of the former State Owned Enterprise known as COSPROH (Compagnie Seychelloise de Promotion Hôtelière). (AllAfrica)

Ethiopia:Privatizing for Noble Cause!

[Ethiopian Herald] State ownership of public enterprises which Ethiopia has made almost a tradition over the last decades served the country beyond its natural life time. The current climate of business and investment favors private ownership. The size of customers is enlarging at an unprecedented rate with ever emerging demands making the government unable to catch up with it. (AllAfrica)

Ethiopia:Transparency Conduit to Efficient Privatization

[Ethiopian Herald] Signaling some frauds on previous privatization process, Prime Minister Dr. Abiy Ahmed once again asserted as the government would attach greater care upon transferring shares of major public enterprises which scholars said the move would pave the way for seasoned companies to bring unprecedented expertise and knowledge. (AllAfrica)

Ethiopia:How Will Privatization of Mega Enterprises Benefit Ethiopia?

[Ethiopian Herald] The recent decision of Ethiopia's ruling coalition EPRDF has fueled optimistic perspective among various sectors of the society and scholars who also forwarded advice that due care should be made on the transfer . (AllAfrica)