National

Gov’t tightens stance on privatisation

Government is set to initiate measures aimed at cracking down on companies it accuses of breaching contracts or failing to implement their business plans.  While government initiated a host of business reforms as part of its strategy to liberalise the market and attract investments, it has been a victim of “brief case companies”.
Hotel Umubano is one of the properties government intends to sell off.
Hotel Umubano is one of the properties government intends to sell off.
Times Reporter