Parastatal

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Parastatal

A slang term for state-owned enterprise, especially in Africa.
References in periodicals archive ?
A very interesting chapter that describes how Asian nations are learning new ways of business outside of parastatals serves as the conclusion.
The plan likely includes the individual capex plans of the parastatals which operate much of the country's infrastructure.
Heads of parastatals and other representatives of the Ministry of Aviation led by the Permanent Secretary, Binta Bello, participated in the hearing at the National Assembly.
The awards are open to all businesses from SMEs to multi-nationals, parastatals, agencies and non-governmental organisations.
Tanzanians are being invited to invest their capital in a mutual fund to buy out the remaining large parastatals lined up for privatisation.
During Moi's time, many of the parastatals were used to reward political friends, many of whom run them down.
According to Air Malawi's chief executive, the airline has executed recommendations set out in the 2001/2002 budget, which described it as one of the overstaffed parastatals.
Kocks noted that South African corporates, parastatals, regional governments, and financial institutions are considered the most likely rating candidates.
Capacity at all parastatals administered by the Department of Transport (DoT) needs to be enhanced, the Chairperson of the Portfolio Committee on Transport, Ms Dikeledi Magadzi, has said.
In a recent interview, FNB Namibia Holdings CEO Ian Leyenaar told the Economist that one of the group's key pillars is forging key strategic partnerships with the Government, parastatals and StateOwned Enterprises (SOEs).
THE POLITICS OF PATRONAGE IN AFRICA PARASTATALS PRIVATISATION AND PRIVATE ANTERPRISE 12.