Privatisation

  • TelOne, NetOne to be Privatised

    TelOne, NetOne to be Privatised

    Government has intensified efforts to partially privatise telecommunication companies Telone and NetOne and is offering the two entities to potential investors as a joint package. Cabinet yesterday gave the nod to this arrangement after a presentation by Finance and Economic Development Minister Professor Mthuli Ncube. Public enterprise reforms are espoused in Government’s Transitional Stabilisation Programme…

  • TelOne Gears up For Privatisation

    TelOne Gears up For Privatisation

    TelOne says it has appointed a consultant who will advise the company on the restructuring of its staggering $380 million debt as it seeks to clean its books and attract private capital. TelOne is among a number of state-owned enterprises and parastatals that have been earmarked for reform as government moves to wean off the…