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 ?
Congress required Treasury, in consultation with the Department of State and the Director of National Intelligence, to provide a report regarding senior political figures and oligarchs in the Russian Federation and Russian parastatal entities.
He also dismissed allegations that the parastatal was frustrating private exhibitors intent on attending trade fairs in order to pave the way for cronies and friends in public service.
It is in line with the parastatal reforms that were recommended by the President's task force on parastatal reforms in 2013.
In March 2014, money laundering at a gas station tipped off Brazilian law enforcement to a connection with the parastatal oil company, Petrobras.
Eskom's latest figures show that the parastatal has R297.
Together with other parastatal financial institutions, the IRGC-linked banks are believed to be manipulating interest rates and maintaining fake bank accounts.
Most public and private sector employees, and of parastatal institutions in middle and senior levels, are covered by the Botswana Public Officers' Pension Fund (BPOPF).
Located in a remote northeastern area of the DRC and operated by a joint venture of Randgold Resources (45%), AngloGold Ashanti (45%) and the Congolese parastatal, Sokimo (10%), it currently has reserves estimated at close to 11 million oz of gold.
18 January 2011 - Fitch changed Tuesday to "stable" from "negative" the outlooks of the long-term issuer default ratings (IDRs) of South African utility group Eskom (PINK:ESKAY) and parastatal infrastructure provider Transnet Ltd.
Occidental is said to be in talks with Indonesia's Pertamina and Angolan parastatal Sonangol to partner in developing Iraq's Qaiyarah and Najmah oil fields, according to comments from a Sonangol executive made earlier this month.
At the height of Moi's reign, there were close to 250 parastatal organisations ranging from hotels, banking, insurance to power generating concerns.
These are: the regulatory and promotional role of MMET; mining and the environment; privatisation of Zimbabwe's mining parastatal companies; small-scale mining; and education.