However, the Board should not be involved directly in the day to day management of the parastatal
,' he explained.
In an exclusive interview with the Economist, Angula said a Public Enterprises Ministry with departments performing an oversight function to a parastatal
in a particular economic sector was the panacea to the problems of inefficiency and unaccountability.
Fani Zulu, Zimbabwe's ZESA power parastatal
is close to settling its outstanding bill.
A former female MP from one of the Mt Kenya counties is reportedly running the affairs of a government parastatal
in the Transport ministry.
The PS said they will be targeting the use of Wajir and Isiolo airports for exports.The Ministry of Agriculture plans to sell Kenya Meat Commission (KMC) to a private investor as the government seeks more capital to revive the ailing parastatal
Public Accounts Committee (PAC) has raised concern about the current situation where some people simultaneously served in the boards of directors of different parastatal
organisations and state-owned enterprises.
Air Botswana's sell-off is the key project in the government's far-reaching privatisation plans for its 30 parastatal
A former parastatal
finance manager will pay Sh41.2 million to the government for failure to account for part of his wealth, the Court of Appeal ruled yesterday.
Also recovered was a Sh150 million prime land belonging to the Postal Corporation, another government parastatal
, which had been grabbed by a Jubilee Party politician.The politician had fenced off the land located behind Nakuru's Tower One Building which he turned into a parking lot.
The Chinese-made train has been out of service since last month and according to TransNamib, it is this kind of inconsistency that forcies the parastatal
to rethink the existing routes.
The steel tentacles of South Africa's parastatal
rail transport provider, Spoornet, could reach into Angola if it wins a $4bn bid to upgrade the country's railway system damaged in the civil war.