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Business News Mon, 2 Feb 2015

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ECG privatisation: Gov’t to select transaction advisor this month

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Comment: Privatization Is Key.

Author:
Tamaren
Date:
2015-02-02 17:34:35
Comment to:
ECG privatisation: Gov’t to select transaction a

Privatization is good move because government can not continue to supplier or retailer of utilities it is just not feasible just from America or other developed nations government floats it just as JJ did for mobile companies just allow several companies to come in and where there is competition the consumer wins.The government regulates and collects taxes and makes sure you follow the laid down rules set by parliament just as they did with mobile phone comes and internet.I do not even remember how many times I have changed my water and electric suppliers and I can not count how many times I get calls from various electric companies asking me to switch to them.That is how privatization helps with competition because no investor wants to go out of business.

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Tamaren on Feb 2, 17:34
Privatization Is Key.