The Namibia Press Agency, (NAMPA), was established in 1991 as a national news agency responsible for the distribution of local, regional and international news.

UPDATE 1 - Tanzania to shut down loss-making state-owned enterprises

Contributed by NAMPA / ANA.

UPDATE 1 - Tanzania to shut down loss-making state-owned enterprises
Mel Frykberg
JOHANNESBURG, July 12 (ANA) - Tanzania will shut down loss-making State-owned enterprises (SOEs) and retain only those that post profits annually, the country's Minister for Finance and Planning Philip Mpango said.
Speaking at the official opening of a workshop on the role of SOEs, Mpango noted that there are now more than 400 government-owned firms in the country, the East African reported on Wednesday.

 

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