Privatization

South Africa Boosts Rail Infrastructure: A Strategic Move Towards Privatization

8 days ago

In a significant development aimed at rejuvenating its rail and port infrastructure, South Africa is set to embark on a collaborative journey with private partners. The nation’s government has recently propelled a substantial initiative to revitalize the rail and ports sector, signaling a shift toward greater private sector involvement.

Trump Proposes Major Overhaul of U.S. Air Traffic Control System

2 months ago

In a bold move to modernize the United States' aviation infrastructure, former President Donald Trump has announced plans to urge Congress to significantly upgrade the nation's air traffic control system. This proposition is expected to enhance safety, efficiency, and the overall experience for millions of passengers traveling through U.S. airspace.

Buenos Aires Governor Takes a Stand Against Milei's Controversial Airline Sale

4 months ago

In a significant political maneuver, the Governor of Buenos Aires, Axel Kicillof, has escalated his opposition to President Javier Milei's proposed sale of Aerolineas Argentinas, the country’s flagship airline. Kicillof, a member of the Frente de Todos party, has openly criticized Milei’s privatization plan, deeming it a threat to national sovereignty and a critical blow to the airline industry in Argentina.

Potential Irish Exit from AIB Shareholding by 2025: CEO Updates

6 months ago

Recent remarks from the Chief Executive Officer of AIB Group plc, Colin Hunt, suggest that the Irish government may fully divest its stake in the bank by 2025. This announcement comes amid discussions regarding the bank’s financial health and strategic future, shedding light on the evolving landscape of Ireland’s banking sector.

Europe’s Banking Sector Faces New Reality As Governments Retreat from Bailouts

6 months ago

In a significant shift in policy, European nations are moving away from their previous practice of bank bailouts, a strategy that characterized the financial crises of the past decade. This transformation comes as governments sell off their stakes in major banking institutions, marking an end to an era of state intervention that saw billions in taxpayer money funneled into saving troubled banks.

Ethiopia Set to Launch Sale of 10% Stake in Ethio Telecom: Details Inside!

6 months ago

In a significant move towards modernizing its telecommunications sector, Ethiopia announced plans to commence the sale of a 10% stake in Ethio Telecom starting October 16, 2024. This decision is a pivotal step in the country's strategy to enhance private sector participation and stimulate growth within one of Africa's largest economies.

Ukraine Makes a Bold Move: Sells Titanium Producer Amid Ongoing Conflict

6 months ago

In a significant development during an ongoing war, Ukraine has successfully privatized a major titanium producer, marking a rare instance of wartime privatization in the country. The sale of the titanium manufacturer, which was a key asset for Ukraine, signals a strategic pivot aimed at revitalizing the economy amidst the challenges of conflict.