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*41 State-owned Enterprises To Be Restructured* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?oz The government is in the process of restructuring 41 state-owned enterprises (SOEs). This is meant to make them commercially viable as well as reduce the financial burden on the government. Of the 41 SOEs, 13 will be privatised while 12 will be listed on the Zimbabwe Stock Exchange. The rest will be downgraded to a department, partially privatised, commercialised or undergo liquidation. Among the SOEs to be converted into public limited companies include Petrotrade, Willowvale Motor Industries, Chemplex Corporation and Deven Engineering. Speaking to the Sunday Mail, State Enterprises Reform Agency executive director, Edgar Nyoni said > Requests for expressions of interest for transactional advisors for Agribank, Petrotrade, TelOne, POSB, Zimpost were flighted and evaluation of the expressions of interest is currently underway. Requests for Expressions of Interest for Zupco, NetOne and IDBZ will be flighted soon. > The partial privatisation of the 17 Zimbabwe Mining Development Corporation subsidiaries is underway and is being implemented in batches to make the transactions manageable. More: Sunday Mail ---------- *HOT DEALS:* *itel A70 - (128GB, 3GB RAM) $89,* *itel A70 - (256GB, 4GB RAM) $99* *itel P40 (128GB, 4GB), (6000mAh) $99* *itel P40 (64GB, 4G), (6000mAh) $93* Cash on Delivery in Harare & Bulawayo. Tinotumira kwamuri inosvika. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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