Privatisation Transactions
Divestiture of Public Enterprises
The former Presidential Parastatal Sector Reform Commission(PSRC) began the privatization process with about 400 public enterprises. As at 31st December, 2007, there remained 37 enterprises which were at various stages of the divestiture process.
During the first quarter of the financial year 2008, the Corporation continued with the remaining divestiture work. This included the preparatory work for the Initial Public Offering of part of the Government stake (21%) in the National Micro-finance Bank Limited.
The Corporation has also been involved in the settlement of labour related issues relating to the Tanzania Railway Limited and the National Insurance Corporation.
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