Privatisation and indigenous ownership: evidence from Africa.
Abstract
This paper focuses on the potential for African governments to use privatisation as a means to promote indigenisation (the transfer of economic power to the local population). Section One provides a discussion of privatisation and presents a typology of the measures that can be used to promote indigenisation. In Section Two, some of these methods are examined in the context of the Zambian privatisation programme. This is an ambitious programme that has succeeded in privatising the majority of state enterprises and has been hailed as one of the most successful in Africa. The success and failures of the Zambian programme are examined, before the paper moves on to the concluding Section Three, which places the Zambian experience in a comparative context.
Citation
Manchester, UK, CRC Working Paper, No. 13, 19 pp.
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