Zesa subsidiaries await guidance on reform plan

Zesa subsidiaries await guidance on reform plan
Published: 26 April 2018
The boards of subsidiary companies under Zesa Holdings remain in place for the meantime until guidance is provided on the way changes will be implemented in line with the reform programme for parastatals and State-owned enterprises that the government announced early this month, a senior government official has said.

The Government has released a Parastatal Reform Programme, under which several entities would either be liquidated, merged, fully or partially privatized or become departments under the different line ministries.

Cabinet agreed that a single Zesa board would be established to take charge of subsidiary companies including the Zimbabwe Electricity Transmission and Distribution Company (ZETDC), Zimbabwe Power Company (ZPC) and Zesa Enterprises (Zent) whose boards would be dissolved, as part of reforms for state enterprises.

- The Herald
Tags: Zesa,


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