Page 48 - Privatisation News Today

Shares worth EGP 3.747 billion (USD 121 million) of Egypt’s leading national telecommunications, Telecom Egypt, were sold on Thursday, 11 May according to a statement released by Egypt’s Ministry of Finance. Over 162 million shares were sold at a price of EGP 23.11 (USD 0.75) in an accelerated bookbuilding form – a process in which

Cash-strapped Sri Lankas national airline announced a staggering $525 million annual loss on Friday.

Corporatism asserts a common interest between workers and employers and means the total subordination of the working class to the profit dictates of the company. The bitter experience of the past 15 years shows that there is no such  “common interest.”

The best solution for the railways would be for most services to be brought back under a single, state-owned company which could rationalise fares and services, writes Ross Clark.

The PSOE-Podemos government’s plan sets out to privatise the country’s public health care service through the back door, degrading medical care for the Spanish working class.

Members of farmers unions who were protesting against the privatisation of the Visakhapatnam Steel Plant in Vijayawada were detained by the local police on Wednesday.

Nicholas Woode-Smith argues that the only solution is to reduce state involvement, liberalise the electricity sector, and privatise Eskom

In 2022, Sri Lankas economy contracted by 7.8% and is further expected to shrink by 3% in 2023

Copying cutting-edge practices in hiring, specialisation and organisational structure will serve the bureaucracy well

Air India has just made the biggest aircraft order in aviation history – so what exactly are they planning to do with all their new planes?