Evaluating the Cabinet-Approved SOE Plan Against a Mixed Global Track Record of Full or Partial Privatisations
April 19, 2024
BY: MICHELLE GREEN, CREDIT ANALYST AND CHAIR OF ESG COMMITTEE AT PRESCIENT INVESTMENT
MANAGMENT
Last week the Cabinet approved a new State-Owned Enterprise (SOE) plan, which will lay the basis for private equity investment in state companies and listings on the stock exchange. It has already stirred significant debate and discussion – and rightly so, because full or partial privatisation by countries around the world has been met with mixed success.