OP releases privatisations report

The Office of the President (OP) yesterday presented a report of all privatisations done by the Privatisation Unit and National Industrial and Commercial Investments Limited (NICIL) over the years 1993 to 2012.

According to a statement issued by OP, the report had been recently approved by Cabinet. It is said to detail every transaction that NICIL and the Privatisation Unit handled under phase 2 of the Privatisation Programme started in July 1993 with the issuance of the PPP/C white paper on privatisation.

The report updates the 2008 report which came following the