parastatal

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par·a·stat·al

 (păr′ə-stāt′l)
adj.
Owned or controlled wholly or partly by the government: a parastatal mining corporation.
n.
A company or agency owned or controlled wholly or partly by the government.

parastatal

(ˌpærəˈsteɪtəl)
n
(Government, Politics & Diplomacy) a state-owned organization, esp in Africa
adj
(Government, Politics & Diplomacy) of or relating to such an organization
Translations
References in periodicals archive ?
Acsa facilitates in excess of 38-million passengers through South Africa's nine airports and with the 21-year-old company run by the Department of Transport, Acsa is one of the better performing parastatals.
Since president Rouhani took office, the pace of privatization slowed down as the administration sought to reduce the financial influence of parastatals.
Let us also be clear: nobody says that parastatals should not spend money, but they must return to budgeting," Oshiomole told reporters, speaking on behalf of the NEC.
With over 7000 employees and a track record spanning over 33 years, Business Connexion runs mission-critical ICT systems and manages products, services and solutions for JSE listed and key public sector organizations, parastatals and medium-sized companies.
85 trillion will be created from the idle value of empowerment assets to be unlocked from parastatals, local authorities and also from the State, to recapitalise the state-owned Agribank to the tune of $2bn, in order to finance the stimulation of agricultural productivity.
Accordingly, the CBN shall continue to monitor the movement of deposits of key government parastatals and overheads of core Federal Ministries to ensure compliance with manageable liquidity conditions in the economy.
The widely publicised woes of the parastatals, Eskom, the SABC and South African Airways are mirrored in the health sector by poor delivery by the professional councils, the Medical Research Council and the Medicines Control Council (MCC).
From parastatals to private trade; lessons from Asian agriculture.
A dearth of top level black management skills is forcing South African government parastatals to pay fat "retention bonus" to keep managers at their desks.
In addition, the activities and plans of government departments (including the Department of Trade & Industry, TISA and the Export Councils), investment issues, transport firms and parastatals will be explored.
The move was issued following a meeting between directors of three key parastatals in the aviation industry.
Faced with these problems, the National Archives of Namibia is unable to fulfill its task of managing the recordkeeping of all ministries, local authorities, parastatals, and regional offices.