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parastatal
(redirected from parastatals)

   Also found in: Wikipedia 0.01 sec.
par·a·stat·al  (pr-sttl)
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


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9780801888151 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.
For us, it is difficult to understand the objectives of new sanctions," said Pahad, two days after the US government broadened its sanctions by adding the names of several dozen individuals as well as 17 companies and parastatals linked to the Mugabe regime.
 
 
 
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