Uganda: Region Ready to Liberalise Airtraffic Management
Uganda, Kenya, Rwanda and Burundi are among the first member states of the Common Market for Eastern and Southern Africa (COMESA) that have declared their readiness to implement the liberalisation of Air Transport Services, Communications Navigation Surveillance and Air Traffic Management Systems Project, the COMESA Secretary General, Sindiso Ngwenya has said.
Zambia: 'Privatisation Like Grabbing Goods Fallen from a Truck'
Zambia has sold more than 262 state-owned enterprises in the past 18 years, with the latest being the beleaguered telecommunications company Zamtel. As the debate continues about whether privatisation is the best policy option for the country, the government has learned from experience and addressed labour concerns more adequately in the most recent deal.
Nigeria: NPA Granted 99 Years Lease On Property--BPE
The Bureau of Public Enterprises (BPE) has disclosed that prior to the on property concessioning of the nations, midwifed by National Council on Privatisation (NCP) and the BPE, the Nigerian Ports Authority (NPA) had granted leases of some of its property up to 99 years.
Ethiopia: Privatisation of Beer Companies Brewing
The Privatisation and Public Enterprises Supervising Agency (PPESA) is auctioning three government-owned beer companies - Meta Abo Beer SC, Harar Beer SC, and Bedele Beer SC - along with 21 other companies, to be privatised next year.
Tanzania: Country Opens Education, Agriculture, Health, Mining Sectors
The much-awaited East African Common Market started off on July 1, 2010 with each of the five countries that form a bloc - Kenya, Uganda, Burundi, Rwanda and Tanzania- opening few areas apart from some comfortable job sections.
Nigeria: Calling Shell's U.S.$40 Billion Bluff
Royal Dutch Shell, the dominant multinational oil corporation operating in Nigeria, reportedly warned the Federal Government last Thursday that $40 billion of planned investments in the country would be put off if the National Assembly passes the Petroleum Industry Bill (PIB). The company's spokesman disclosed that the investments were in offshore oil sites the company was planning to explore in the future.
Nigeria: Privatisation May Suffer Set Back Over Management Crisis At Bpe
The privatisation of the Nigerian Postal Service, among others like Nigerian Telecommunications Limited, by the Federal Government may suffer a major set back soon, unless the crisis in the top management of the Bureau of Public Enterprises (BPE) is resolved very soon.
Ethiopia: Crown Settles Out of Court
The Privatisation and Public Enterprises Supervising Agency (PPESA) settled out of court its 31 million Br claim against Crown Textile Wishing Plc, the company that bought Edget Yarn & Sewing Thread SC.
Nigeria: CBN and Petroleum Subsidy
The issue of the removal of petrol subsidy is one area that has exposed our government's characteristic indecision and prevarication.
Zambia: HH Participated in Privatisation - Diangamo
FORMER Ministry of Finance permanent secretary David Diangamo has said he is surprised that United Party for National Development (UPND) president Hakainde Hichilema is denying involvement in the sale of companies when he was chief executive of Grant Thornton, which liquidated RAMCOZ.
Nigeria: Total MD Says Deregulation Will Boost Nigerian Economy
The Managing Director of Total Nig. Plc, Mr Domnique Thorlorn, says that the deregulation of the downstream sub-sector of the oil industry will boost the nation"s economy and attract foreign investment. Thorlorn spoke in Lagos on Tuesday at a dinner held ahead of his company"s annual general meeting slated for Wednesday.