Privatization of Parastatals

Currently Government owns various parastatals across the economic sectors. In order to enhance efficiency of these Government entities, the Government is in the process of working our modalities on how to dispose part of its shareholding to the private sector.

In this regard, foreign investors should take advantage of this window of opportunity that is presenting itself. Some of the entities to be privatized are lucrative and are key to the country’s turn-around strategies.