Mozambique - 01

Mozambique: Government Moves Forward with Privatization

On 5 September Minister for Finance and Economy Adriano Maleiane announced that the government will move forward with its long-anticipated privatization drive, which will include a consolidation of state interests in public enterprises through a combination of winding down non-performing companies, mergers and privatizations. The new timeframe for the sale or dissolution of much of the state’s assets and interests is narrow: Forty companies will be sold or wound down by 2017, and 20 state-owned companies will face rationalization by the end of 2016.

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