State Enterprises Restructuring Agency

The government is undertaking a raft of State enterprise reforms under which 16 entities will be privatised, 13 parastatals merged while two others will be liquidated, State Enterprises Restructuring Agency (Sera) executive director Edgar…
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At least 30 parastatals and State enterprises were not audited last year for various reasons which will be revealed by Accountant-General Mr Daniel Muchemwa when he tables a comprehensive report before Parliament next week.
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GOVERNMENT has shelved plans to privatise two State-controlled financial institutions, despite being severely constrained to prop-up struggling parastatals, the Financial Gazette’s Companies & Markets (C&M) has learnt.
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