Parastatals must run like businesses to tick
In the 23rd edition of the Malawi Economic Monitor (MEM) unveiled in Lilongwe last week, the World Bank highlighted a sobering reality: most of the country’s State-owned enterprises (SOEs) remain financially weak and dangerously dependent on State support. These parastatals suffer from weak cash flows, poor debt-ser vicing capacity and declining dividend contributions to their … The post Parastatals must run like businesses to tick appeared first on Nation Online .