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Liberia is a country on the West African coast. Liberia means "Land of the Free" in Latin. [1] The Central Bank of Liberia is responsible for printing and maintaining the Liberian dollar, which is the primary form of currency in Liberia. Liberia is one of the world's poorest countries, with a formal employment rate of 15%. [2]
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)
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 private company may be freely regulated in the Memorandum of Incorporation; voting rights in a public company are proportional to the number of shares the voter holds. A ...
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 ] The other state-owned commercial entities are mainly active in education, media, and transport.
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.
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]
Ethiopia’s public sector consists of government institutions and organisations that manage public resources, implement policies and provide public services to those who need them. The system is organised based on the country’s federal system which includes federal, regional and local levels of government.