PARASTATALS TO BE RANKED : EXECUTIVES TO BE SACKED
Executives and board members of State Enterprises and
Parastatals (SEPs) were warned yesterday that poor performance will lead to
their dismissal as the units will now be ranked according to their adherence to
corporate governance principles.
At t…
Executives and board members of State Enterprises and
Parastatals (SEPs) were warned yesterday that poor performance will lead to
their dismissal as the units will now be ranked according to their adherence to
corporate governance principles.
At their peak, SEPs contributed 40 percent of the country’s
GDP in the 1990s, but that contribution has gone down to less than 10 percent
owing to a