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Public corporation may refer to: . Government-owned corporation; Public company, i.e. a limited liability company that offers its securities for sale to the public; Statutory corporation, i.e. a corporation created by statute that is owned in part or in whole by a government, such as municipal councils, bar councils, universities)
The launch of a Pan African Infrastructure Development Fund (PAIDF) by the Public Investment Corporation of South Africa, to finance high priority cross-border infrastructure projects. Capacity building for continental institutions, working with the African Capacity Building Foundation, the Southern Africa Trust, UNECA, the African Development ...
A key purpose of corporatization is externalization. [1] The effect of corporatization has been to convert state departments (or municipal services) into public companies and interpose commercial boards of directors between the shareholding ministers / city council and the management of the enterprises. [5]
The organisation has its origins in 1911, with the passing of the Public Debt Commissioners Act of 1911, a year after the formation of the Union of South Africa. [4]: 3 Known then as the Public Debt Commissioners, it would manage the government's debt, investing the government and South African Railways and Harbours trust funds and by 1924 had taken on the provincial administrators funds as well.
The Nigerian National Petroleum Company (NNPC) Limited is a state-owned oil company in Nigeria. Still a fully-owned government company, it was transformed from a corporation into a limited liability company in July 2022. [1] NNPC Limited is the only entity licensed to operate in the country's petroleum industry.
Private companies make no offer of shares to the public, but public companies, whose shares may be listed on a stock exchange, may raise capital from the general public. A private company need not lodge financial statements with the CIPC (formerly CIPRO, formerly the Registrar of Companies), whereas a public company must. Voting rights in a ...
The Democratic Republic of the Congo is a country located in the African Great Lakes region of Central Africa. It is the second largest country in Africa by area and the eleventh largest in the world. With a population of over 120 million, [1] the Democratic Republic of the Congo is the nineteenth most populous nation in the world, the fourth ...
As of 2017 there were a total of 97 state-owned enterprises, also called public enterprises, in Namibia. 18 of the public enterprises are profit-driven and fall under the Ministry of Public Enterprises established in March 2015. Leon Jooste heads this ministry. [1]