SOE NEWS HUB
The latest news and research related to State-Owned Entities (SOEs) for the business and compliance community.
South Africa is investigating alleged $7B corruption at state-owned companies
South Africa has active investigations into alleged corruption totaling more than $7 billion at some of its top state-owned companies, according to a report published by the national anti-graft unit.
State-owned Beijing Energy explores partnerships to get approval for Australia solar farm deal
Beijing Energy International Holding is open to teaming up with new investors to purchase several solar farms in Australia as it looks to satisfy regulatory concerns over the ownership of key energy assets by a Chinese state-owned company.
Pakistan PM unveils plan to sell most state-owned firms
Pakistan will privatize all state-owned enterprises, with the exception of strategic entities per Reuters, broadening its initial plans to sell only loss-making state firms to shore up its shaky finances.
Kenyan court suspends plan to privatise more state-owned firms
The court will hear arguments against the government’s plan to sell shares in 11 state-owned firms after the opposition challenged the government’s amendments to the Privitization Act according to Reuters.
US targets Myanmar's state oil and gas enterprise with form of sanctions
The U.S. imposed a form of sanctions on Myanma Oil and Gas Enterprise (MOGE), but stopped short of imposing full blocking sanctions on the ruling junta's main source of foreign revenue
Indonesia reviewing plan to merge state airlines
The Indonesian government is reviewing a plan to merge two state airlines, Garuda Indonesia and Pelita Air.