Monday, October 5, 2009

Zimbabwe to Draft List of State Companies for Sale in 2 Weeks

By Camilla Hall
Oct. 4 (Bloomberg) -- Zimbabwe’s government will complete work within two weeks on a list of state-owned companies to be put up for sale, Finance Minister Tendai Biti said.
The government is examining the future of state companies including telecommunications operators, banks and the National Oil Company of Zimbabwe, Biti said at a seminar in Istanbul where he’s attending the International Monetary Fund’s annual meeting. It will decide within two weeks which companies should be sold and which should be restructured, he said.
To contact the reporter on this story: Camilla Hall in Dubai at chall24@bloomberg.net Last Updated: October 4, 2009 05:13 EDT

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