Results for "State-Owned Enterprises"

Official reports indicate that dividend payments from Ghana's state-owned enterprises to the government fell by 45.5 percent in 2025, raising concerns over corporate profitability and cash flow.

A senior communications official for Ghana's ruling coalition has defended the government's decision to dissolve boards of underperforming state-owned enterprises, citing a lack of meaningful impact.

IMANI Africa Vice President Bright Simons publicly disputed the State Interests and Governance Authority's assertion that it achieved the highest rate of audited financial statements among state-owned enterprises.

An upcoming television program will examine the GH¢19.8 billion profits of Ghana's SOEs, alongside controversies surrounding board dissolutions, judicial inspections, and executive gift rejections.

The Ghana Ports and Harbours Authority (GPHA) increased its net profit by 17.18 per cent to GH¢2.82 billion in 2025, reinforcing its position as one of the most profitable State-Owned Enterprises…

A report reveals that numerous state-owned enterprises in Zimbabwe have failed to undergo independent financial audits for ten consecutive years, raising significant governance and transparency concerns.

Banking expert Dr. Richmond Atuahene has cautioned that the massive GH¢282 billion debt accumulated by Ghana’s state-owned enterprises poses a severe risk to the nation's broader economic stability.

Ghanaian opposition lawmaker Oppong Nkrumah has publicly questioned the Chief Justice's recent inspection tour of state institutions, calling it unprecedented. In response, the Chief Justice defended the visit, praised current management at state-owned enterprises, and criticized the previous government's eight-year record.

The Legal Green Association has publicly praised the Ghanaian government and management boards of state-owned enterprises for delivering significant operational and financial improvements throughout 2025.

The Hungarian government has finalized a 47.7 billion forint contract to acquire more than 500 vehicles across 18 models from seven brands, primarily Mercedes, for state-owned enterprises.

The state enterprise regulator proposed structural reforms and financial restructuring measures to address mounting liabilities and operational inefficiencies across public companies.

State-owned Enterprises (SOEs) increased revenue in 2025 by 28.1 per cent to GH¢176.4 billion  Graphic Online

The country's Economic Empowerment Department has incorporated several more state-owned enterprises into the Mutapa Fund to broaden economic participation initiatives.

Austrian politician Johannes Stocker has proposed channeling profits from state-owned enterprises into a dedicated sovereign wealth fund to help guarantee the stability of the national pension system.

Uzbekistan plans to leverage the experience gained from the initial public offering (IPO) of the National Investment Fund (UzNIF) to prepare for future privatizations of state-owned enterprises.

Indonesia's president has vowed to close 750 state-owned enterprises by year-end and considered a special court to investigate 'unproductive' boards reporting 'made up' profits.

Moldova's Public Property Agency (APP) has extended the deadline for investors to submit bids for the privatization of four state-owned enterprises, noting that 13 potential investors have already expressed interest.

Chinese central state-owned enterprises (SOEs) are consolidating their scattered overseas accounts into unified treasury hubs, with Hong Kong emerging as the preferred base amid a broader crackdown on state cash outflows.

The Industrial and Commercial Workers' Union (ICU), Ghana, has appealed to President John Dramani Mahama to recapitalize and revive distressed state-owned enterprises. The union argues this would create thousands of jobs for unemployed youth.

The chairman of a Moldovan inquiry commission investigating state-owned enterprises stated that the period between 2015 and 2017 saw 'the biggest frauds and thefts,' making current issues seem minor by comparison.

Joint Stock Company Ukrainian Defense Industry (Ukroboronprom) has dismissed the heads of two state-owned enterprises following an investigation that found violations of legal requirements and ammunition storage safety regulations after explosions in Vyshneve.

Pakistan's Cabinet Committee on state-owned enterprises has rejected a request from two circular debt-hit state-owned gas utilities, Sui Southern and Sui Northern, for exemption from international accounting and financial reporting standards.

The Party of Action and Solidarity (PAS) faction has proposed a bill to establish a parliamentary inquiry commission to investigate the activities of state-owned enterprises in Moldova.

This week's ZdG newspaper includes articles on an administrator who lost their license after managing over 50 companies, including state-owned enterprises, and an exploration of Moldova's explosive past.

Moldova's Public Property Agency (APP) has announced a detailed audit of salaries at MoldATSA and will initiate controls at 21 other state-owned enterprises to ensure compliance with salary regulations.

Prime Minister Inga Ruginienė expressed hope that with a new coalition agreement and government, priority would be given to faster formation of boards for state-owned enterprises, responding to criticism from Gentvilas.

Serbian state-owned enterprises contributed 600 million dinars from their profits to the state budget last year, a significant decrease from the previous year.

Pakistan's Prime Minister Shehbaz Sharif has ordered the expedited privatization of power distribution companies (DISCOs), reaffirming the government's commitment to offloading loss-making state-owned enterprises.

Central State-Owned Enterprises in China are being encouraged to intensify their digital transformation efforts, while Slovenia is noted for lagging in digitalization and needing immediate acceleration.

Romania's deputy prime minister has warned that the restructuring of three state-owned enterprises (SOEs) under the Recovery and Resilience Facility (RRF) may fall behind schedule.

Nauru has issued an order requiring all public servants and employees of state-owned enterprises to observe the one-China principle.

Dr. Richmond Atuahene, a banking consultant, has called for the transfer of management of non-strategic state-owned enterprises in Ghana, such as GIHOC Distilleries and State Transport, to the private sector. He argues that these entities place an unnecessary burden on the state.

Beijing's intensified clampdown on overseas postings is reportedly impacting a top state-owned insurer, signaling broader implications for Chinese state-owned enterprises.

The Community of Municipalities in Montenegro has sent an amendment to Parliament on the draft law concerning state-owned enterprises, asserting that municipal companies should not be allowed to enter the market.

Montenegro has confirmed its economic credibility in Brussels, highlighting progress in the digitalization of tax administration, strengthening the management of state-owned enterprises, and its accession to the Single Euro Payments Area (SEPA).

Danantara, an Indonesian entity, has set a goal to complete the merger of various State-Owned Enterprises by the year 2026.

CFA Romania has publicly defended the government's proposals to list additional state-owned enterprises on the stock market. This move is part of broader economic reforms aimed at increasing transparency and efficiency.

South African State-Owned Enterprises (SOEs) such as Transnet and Prasa continue to grapple with significant financial, operational, and governance challenges. These issues are attributed to the lingering effects of state capture, despite ongoing recovery efforts.

A commentary argues that Zurich's state-owned enterprises are increasingly encroaching upon private market sectors, such as energy providers acquiring heating installation firms, and calls for political intervention to halt this trend.

State-owned enterprises in China's energy construction sector are intensifying their efforts towards green development and sustainability.

Ghana's State Interests and Governance Authority (SIGA) faces a dilemma as public companies, despite years of monitoring and evaluation, have become significant public liabilities.

Concerns about the performance and management of State-Owned Enterprises (SOEs) have resurfaced following renewed warnings from government that loss-making entities will be reformed, merged,…

The State of Botswana has registered a private company with the aim of monetizing its assets, signaling a move towards greater private sector involvement in state-owned enterprises.

Prabowo is reportedly pressuring Danantara with specific return targets and has appointed new envoys for State-Owned Enterprises (SOEs).

South Africa is on the brink of a significant crisis with its state-owned enterprises, which could lead to a R400 billion hole in the national fiscus.

China is highlighting the importance of technological innovation for its state-owned enterprises (SOEs) in the construction sector to drive modernization and efficiency.

Daily Maverick reports on the ongoing efforts to fix State-Owned Enterprises (SOEs) in South Africa, highlighting the challenge of addressing multiple crises simultaneously.

Ship Orders From South Korea Are Surging Thanks To U.S. Fees On Chinese-Made Ships South Korea is tightening the race with China in global shipbuilding after U.S. plans to curb Chinese-built vessels disrupted order flows and redirected demand , according to Nikkei.  Worldwide new orders fell 27% in 2025 to 56.42 million compensated gross tonnage (CGT) — the first annual drop in two years — according to U.K.-based Clarksons Research. China remained No. 1 but saw orders tumble 35% to 35.36 million CGT, shrinking its share to 62.7%. South Korea, ranked second, moved the other way: orders climbed 8% to 11.59 million CGT, lifting its share to 20.6%. Japan, in third, recorded a 53% plunge to 2.77 million CGT, with its slice slipping to 4.9%. The shift followed a U.S. announcement last April outlining fees on Chinese-built ships entering American ports starting in October 2025. Although the policy was delayed for a year after a U.S.-China summit in late October, uncertainty had already prompted global shipping companies to hesitate on new Chinese orders. A unit of China State Shipbuilding Corp. said it was disadvantaged in contract talks last summer, opening the door for South Korean yards to win more large container ship deals. HD Korea Shipbuilding & Offshore Engineering cited weaker demand for Chinese shipyards as a key reason for its recent surge in orders. Nikkei writes that the company posted record results for the year ended December: revenue rose 17% to roughly 29 trillion won ($20.1 billion), while net profit doubled to about 3 trillion won. Government-backed workforce initiatives have also supported the industry. Seoul opened a training center in Indonesia in 2024 to prepare skilled workers, including Korean language instruction, before dispatching them to local yards. Shipbuilders have raised wages and introduced AI tools to ease labor strain. Foreign employment in South Korea’s shipbuilding sector hit a record 22,824 at the end of 2024 — about four times the level five years earlier — with foreigners making up more than 20% of the workforce. Japan, meanwhile, has struggled to capture orders shifting away from China. Data from the Japan Ship Exporters' Association show export contracts in 2025 fell 20% to 8.93 million gross tons, marking a fourth straight year of decline. Limited yard capacity, slipways booked through around 2029, and labor shortages have constrained growth and pushed up costs. Looking ahead, global demand is expected to rebound in 2026 as stricter environmental rules accelerate orders for vessels powered by next-generation fuels such as hydrogen and ammonia. HD Korea Shipbuilding & Offshore Engineering has set a 2026 order target of $23.3 billion, up 26% from this year, citing steady demand for new builds and fleet replacements. China is working to regain momentum. In December, Cosco Group placed 50 billion yuan ($7.23 billion) in orders with China State Shipbuilding Corp., underscoring coordinated support among state-owned enterprises. Japan is also attempting a reset. Imabari Shipbuilding recently completed its acquisition of Japan Marine United to streamline operations. The government aims to double domestic shipbuilding capacity to 18 million gross tons by 2035, seeking to narrow the wide gap with South Korea and China. Tyler Durden Mon, 02/16/2026 - 14:00

Legal expert Baffoe-Bonnie argues that the Chief Justice's visits to State-Owned Enterprises are unconstitutional officiousness, occurring during uncertain times in Ghana.

Deloitte partner Yaw Appiah Lartey warns state-owned enterprises in Ghana that submitting audited financial statements alone is insufficient compliance, stressing the mandatory requirement to convene annual general meetings.

Indonesian President Prabowo Subianto directed officials to fast-track industrial downstreaming policies and restructure state-owned enterprises to boost economic growth.

Opposition leader Kalonzo Mwesigwa has demanded full disclosure on the company set to take over Magadi Soda Ash mining, following President William Ruto’s directive for Tata Chemicals to withdraw from the asset. The move has sparked public debate and renewed scrutiny over the government’s handling of state-owned enterprises.

The opposition leader has announced a clear programmatic realignment, emphasizing the need for public control over major state-owned enterprises including DEIE, ELPE, and a prominent banking institution.

An academic expert highlights conflicting data in the recent SIGA report on Ghana's state-owned enterprises, raising doubts about official performance metrics.

The Ghanaian government has revealed plans for an imminent leadership change among the chief executives of various state-owned enterprises, aiming to revitalize public sector performance.

Balázs Zoltán has been named the new director of Hungary’s National Asset Management Center, taking charge of overseeing state-owned enterprises and public asset privatization. The appointment signals continued government oversight of key economic holdings.

After four consecutive years of cumulative losses, Ghana’s state-owned enterprises posted a consolidated net profit of GH¢19.80 billion in 2025, marking a significant economic turnaround.

Consolidated Bank Ghana Limited recorded significant increases in total assets, customer deposits, operating revenue, and shareholders' equity for 2025, according to the State Ownership Authority report.

Ghana's State Interests and Governance Authority highlighted that five major state-owned enterprises, including the Electricity Company of Ghana, have posted annual losses from 2021 to 2025, urging stable economic policies and stricter management to restore profitability.

The 2025 State Ownership Report reveals a significant financial turnaround for Ghana's SOEs, which have achieved consolidated profitability following prolonged periods of deficit, marking a major recovery for the state sector.

Analysts warn that opaque networks of Chinese state-owned enterprises are quietly acquiring stakes in key European infrastructure projects, drawing comparisons to previous geopolitical risks associated with Russian investments.

Several CEOs of state-owned enterprises in Lithuania have recently left or been forced to leave their positions, including leaders from the Centre of Registers, Infrastructure Management Agency, Lithuanian Airports, and Lithuanian Railways. This trend highlights a growing reluctance among experienced managers to take on leadership roles in state-controlled companies.

Indonesia has announced the closure of hundreds of state-owned enterprises as part of a government initiative.

Moldova's Ministry of Economic Development and Digitalization is investigating several officials who hold multiple mandates on the boards of state-owned enterprises and companies with state capital, with some exceeding the three-mandate limit.

The International Monetary Fund has recommended that government board appointments for State-Owned Enterprises should be based solely on merit, also suggesting a strategic review of the SOE portfolio.

State-owned enterprises and commercial companies in Moldova concluded 2025 with 68.5 billion lei in sales revenue and an aggregate net profit of over 3.1 billion lei, with Moldovagaz topping the list.

Bulgaria's transport minister announced that new methodologies for forming salaries of managers in state-owned enterprises will be introduced by August 1, linking compensation to performance.

Following extensive amendments to the civil service law, the ANO movement and its coalition partners are reportedly preparing another power invasion into state-owned enterprises, with the approval of a new proposal by coalition MPs.

A policy debate highlights the complexities of privatization and corporatization, particularly in Africa, where privatization is often seen as a solution for inefficient state-owned enterprises.

Chinese state-owned enterprises under government supervision recorded gross profits of 1.73 trillion yuan, marking an annual increase of 3.5%.

The Moldovan Prime Minister has dismissed the Control Body, citing a loss of trust and the need for change. The two advisors in the body reportedly had high salaries and held positions on the boards of several state-owned enterprises.

Premier Li Qiang inspected shipbuilding and nuclear power firms in China's northeast, urging state-owned enterprises to innovate in high-end equipment manufacturing and bolster core industries.

The Croatian government is set to introduce a new regulation for selecting board members in state-owned enterprises, aiming for a more transparent process with reduced political influence, a condition for OECD entry.

The Serbian state paid 25.6 billion dinars on guarantees for state-owned enterprises in 2025, which are included in the country's total public debt.

European political and business leaders view China's economic dominance as an existential threat, attributing it to factors like subsidies, technology theft, and state-owned enterprises. The article analyzes this perspective.

The first part of an analysis suggests that significant governance changes are crucial for the long-term sustainability of state-owned enterprises.

A recent reputation survey has delivered unfavorable results for the Lithuanian government, while state-owned enterprises have seen improved reputations over the past four years due to modern leadership.

Monteput has appointed Ljiljanić as its general director and Radulović as president, becoming one of the first state-owned enterprises to select its leadership based on the new Law on Business Companies.

State-Owned Enterprises (SOEs) in Vietnam are being encouraged to leverage the stock market as a means to secure capital for their growth and development initiatives.

Bulgaria's Minister of Transport, Georgi Peev, has imposed restrictions on payments and the assumption of new debt by state-owned enterprises within the transport ministry's system. This measure is part of a comprehensive analysis of the companies' financial status.

The Community of Municipalities of Montenegro has submitted an amendment to the state Parliament on the Draft Law on the Management of State-Owned Enterprises. The amendment aims to enable the functioning of municipal companies that perform non-commercial activities.

Former President Mahama has stated that his government successfully revived several collapsing State-Owned Enterprises (SOEs), including TOR, ADB, and NIB. He also urged the Trades Union Congress (TUC) to actively address the mismanagement of SOEs.

The Democratic Party of Socialists in Montenegro is calling for a control hearing of officials, warning that the energy sector is in a catastrophic state and state-owned enterprises have been privatized for partisan and personal interests.

A political dispute has emerged in Romania concerning the sale of shares in state-owned companies. While Bolojan defended the sale of minority stakes as part of the government program, Grindeanu announced a proposed bill to prohibit the sale of shares in profitable state-owned enterprises.

The Ghana Insurers Association clarified that recent government directives on insurance placements for state-owned enterprises aim to encourage strategic business, not enforce loyalty to state insurers, backing a push for merit-based procurement.

China has created a new government bureau tasked with overseeing the overseas assets of its state-owned enterprises (SOEs), aiming to enhance management and transparency.

Lithuanian state-owned enterprises are grappling with a crisis as the reputation of government institutions has reached an all-time low, posing challenges for their operations and public trust.

The privatization of bankrupt State-Owned Enterprises (SOEs) is presented as a solution to economic dilemmas, advocating for their sale in a transparent and orderly manner.

A government directive has been issued, prohibiting all loss-making State-Owned Enterprises (SOEs) from paying bonuses to their management, boards, and staff.

Employees of state-owned enterprises and autonomous institutions under government patronage in Pakistan will face salary cuts of five to 30 per cent as part of new austerity measures aimed at public relief.

Indonesian President-elect Prabowo Subianto is reportedly pressuring Danantara with new return targets and appointing new envoys for state-owned enterprises.

China's state-owned enterprises (SOEs) in the construction sector are being urged to prioritize technological innovation to drive modernization and efficiency.

President John Dramani Mahama of Ghana has issued a directive prohibiting international travel for training, conferences, retreats, and study tours for boards of state-owned enterprises and public institutions, citing rising costs.

Romanian Deputy Prime Minister Gheorghiu is facing a deadline to analyze and make restructuring decisions for 22 state-owned enterprises.

• Accumulated losses hit Rs2.07tr by June 2025; half of it piled up in just three years • Outstanding loans stand near Rs3.1tr, debt rising Rs300bn a year • Financing cost reaches Rs210bn in FY25, highest among SOEs ISLAMABAD: Carrying the largest outstanding loan portfolio on its books and a negative return on assets, the National Highway Authority (NHA) — the country’s logistics backbone — is the single largest entity bleeding the federal budget, exposing Pakistan to substantial fiscal risk despite the recent doubling of tolls. The NHA is the “largest loss-maker”, operating on a “structural deficit model and reliant on budgetary support”, the Central Monitoring Unit (CMU) of the Ministry of Finance said in its Annual Aggregate Report on state-owned enterprises (SOEs) for the year ended June 30, 2025. With accumulated losses of Rs2.074 trillion, the entity that owns and operates all the national highways and motorways accrued around Rs1.004tr in the last three years alone — about Rs295 billion each in FY24 and FY25 and Rs413bn in FY23. Moreover, it stands out at the top of the SOE list, with the largest accrued financing cost of Rs210bn in FY25, as its toll revenue remains unaligned with debt servicing, leading to fiscal dependence and sovereign guarantee exposure. “Currently, the NHA holds outstanding loans totalling approximately Rs3.1tr, with an annual debt accretion rate of Rs300bn. This debt portfolio generates Rs98bn in markup, which is expected to rise to more than Rs150bn per annum, creating a substantial credit risk for the government of Pakistan (GoP), which guarantees these loans”, the CMA said. It said the presence of sovereign guarantees for public-private partnership (PPP) contracts added further financial strain, amplifying the government’s credit risk exposure. With more than Rs115 billion in loans given by the federal government last year, it is also among the top borrowers. On the other hand, its net assets remained almost static over the last three years, actually declining slightly from Rs5.84tr in FY23 to Rs5.83tr in FY25. Its total equity has been declining over time from Rs2.57tr in FY23 to Rs2.27tr in FY24 and Rs1.95tr in FY25. Conversely, NHA’s total liabilities have been increasing, making it the single-largest entity to accrue current liabilities. Its total liabilities amounted to Rs3.27tr in FY23, increasing to Rs3.54tr in FY24 and reaching Rs3.88tr by the end of FY25. The CMU observed that National Highway Authority’s 2025 performance underscored its strategic importance yet exposed growing fiscal vulnerability. “Despite an impressive surge in toll revenues and build, own and transfer (BOT) project inflows, the authority continues to operate under a persistent deficit, driven by high depreciation and finance costs,” it said. Operating income rose sharply to Rs83.1bn in FY25 (against Rs42.4bn in FY24), propelled by the doubling of toll income to Rs64.4bn. However, the overall income of Rs119.7bn remained insufficient against total expenditures of Rs408.1bn. Consequently, the deficit before levy and taxation stood at Rs292.98bn and the deficit after tax at Rs294.86bn, reflecting continued structural stress. It noted that two critical components eroded National Highway Authority’s profitability. These include depreciation expense of Rs133.8bn, reflecting a heavily capital-intensive asset base and growing maintenance backlog and Rs193.5bn finance cost, up from Rs182bn last year, highlighting the escalating burden of debt and interest rate exposure. The CMU advised diversification of funding sources through infrastructure bonds targeted at domestic institutional investors and international development markets. It said the expansion of public-private partnerships for new road construction, maintenance outsourcing and service area development can shift part of the fiscal and operational burden to the private sector while improving efficiency and service quality. The CMU also called for renegotiating loan terms with lenders to extend maturities, reduce interest rates or convert debt into quasi-equity instruments to create immediate fiscal space. Published in Dawn, February 16th, 2026

A finance chief announced that more state-owned enterprises from Central Asia intend to list their shares in Hong Kong. This move aims to expand access to international capital markets for these national entities.

Bright Simons, vice president of IMANI Africa, disputes the State Interests and Governance Authority's assertion of a massive financial turnaround in Ghana's state-owned enterprises, citing insufficient supporting data.

Ghana’s Judicial Service has defended Chief Justice Paul Baffoe-Bonnie’s recent remarks regarding state-owned enterprises, stating they were made in good faith. Officials emphasized that the comments do not threaten the judiciary’s independence or impartiality.

Government representatives clarified that the planned overhaul of state-owned enterprises aims to improve governance and efficiency rather than simply cutting operational costs.

The Moldovan parliament voted to extend the investigative commission's mandate by 30 days to examine the management and salaries of certain state-owned enterprises.

Seoul plans a major overhaul of publicly owned companies through strategic mergers while pledging to protect workers' employment during the corporate restructuring process.

Banking expert Dr. Richmond Atuahene urges Ghana to reassess its state-owned enterprises, warning that reported profits may mask underlying operational inefficiencies and advocating for the divestment of non-strategic assets.

President John Dramani Mahama has removed the leadership boards of nine Ghanaian state-owned enterprises and agencies, citing chronic underperformance and institutional indiscipline. The move is part of a broader administrative overhaul aimed at improving accountability and operational efficiency across public sector entities.

Ghana’s state-owned enterprises have generated approximately GH¢176.4 billion in revenue for 2025, successfully reversing a significant financial deficit recorded the previous year. The improved performance reflects enhanced operational efficiency and stronger fiscal management across public sector entities.

The Romanian government has formally closed a key National Recovery and Resilience Plan milestone by restructuring three major state-owned companies: Electrocentrale Grup, Tipografica Filaret, and Telecomunicații CFR.

Beijing’s state capital budget saw a significant revenue jump driven by increased financial contributions from state-owned enterprises.

President Prabowo Subianto announced that shuttering 290 underperforming state-owned enterprises has generated substantial fiscal savings, marking a key step in his administration's economic restructuring efforts.

An editorial argues that state-owned enterprises should exit competitive railway markets, questioning the economic justification for government operators when private competition can effectively serve consumers.

Chinese e-commerce giant JD.com and several state-owned enterprises are reportedly investing in a major border infrastructure megaproject in Hong Kong.

Sri Lanka's Securities and Exchange Commission chairman announced that the government is actively working on listing state-owned enterprises on the Colombo bourse through a holding company.

Professor Bokpin warns that IMF-backed reforms in Ghana must specifically target the nation's persistent energy crisis and improve policy coordination within state-owned enterprises like ECG.

The Industrial and Commercial Workers' Union (ICU) in Ghana has appealed to the government to recapitalize and revive distressed state-owned enterprises to create sustainable jobs for the unemployed youth.

Minister for Finance, Dr Cassiel Ato Forson says the unchecked liabilities of state-owned enterprises (SOEs) added the equivalent of about 3% of Ghana's Gross Domestic Product (GDP) to the country's…

More than 80,000 properties in Serbia are owned by companies, with state-owned enterprises possessing the largest share of these real estate assets.

Moldova's State Property Agency has announced a new round of privatization for five state-owned enterprises, including the Chisinau Glass Factory, Hotel Zarya, and publishing houses Ştiinţa and Lumina. The Chisinau Glass Factory is the most expensive asset.

The Pakistani government is considering an exemption from International Financial Reporting Standards (IFRS) for energy State-Owned Enterprises (SOEs). However, the CMU opposes a five-year relief, warning of hidden fiscal risks and potential Rs500 billion losses.

First Trust and WisdomTree have declared their quarterly distributions for various ETFs, including those focused on global agriculture, cybersecurity, European dividends, and emerging markets. These announcements cover a range of funds with different investment strategies.

The New Democratic Party of Serbia (Novi DSS) has condemned alleged 'illegal and inhumane pressures' on employees by local governments and state-owned enterprises to attend a rally scheduled for June 27.

State-owned enterprises in Lithuania transferred €230.9 million in dividends, profit contributions, and other taxes to the state budget last year, maintaining stable financial returns for the fourth consecutive year.

Montenegro's Ministry of Finance has proposed a new law on the management of state-owned enterprises, aiming to establish a unified, modern, and responsible system based on professionalism, transparency, and public interest protection. This initiative seeks to better manage state capital, which is considered citizens' capital.

During the past year, 27 out of 36 state-owned enterprises in Serbia received a total of 63.6 billion dinars in subsidies. This figure is projected for 2025, highlighting significant financial support to these firms.

The Romanian Constitutional Court (CCR) unanimously rejected Mayor Nicușor Dan's objection regarding the constitutionality of amendments to the legislation on corporate governance for state-owned enterprises, allowing the law to proceed to promulgation.

The Treasury registrar has urged for the implementation of strong governance practices to enhance the performance and efficiency of state-owned enterprises in Tanzania.

A World Bank study indicates that state-owned enterprises (SOEs) in Bangladesh have incurred losses amounting to Tk88,200 crore, significantly impacting the national treasury.

Tanzania is turning to China for expertise in reforming its state-owned enterprises. This collaboration aims to leverage China's experience in economic restructuring and modernization to improve Tanzania's public sector.

New chairs for Mozambique's state-owned enterprises IGEPE, ENH, and FFH have been sworn into office.

Only 61 out of 185 state-owned enterprises and other specified entities in Ghana submitted their 2025 financial statements to the State Interests and Governance Authority by the April 30 statutory deadline.

The Estonian government has approved dividend payments from state-owned enterprises for 2026, expecting to generate more than €125 million in dividend income for the state budget.

A Zimbabwean firm is reportedly collaborating with a Chinese investor consortium to enhance the performance and operations of State-Owned Enterprises (SOEs) in Zimbabwe.

Vietnam has outlined special mechanisms aimed at boosting its strategic reserves and strengthening State-Owned Enterprises (SOEs).

The Romanian Prime Minister has announced a comprehensive restructuring plan for state-owned enterprises (SOEs), which includes the possibility of listing some of them on the stock market.

Czech MP Zuzana Ožanová from the ANO party has proposed an amendment to the conflict of interest law, which would allow government officials to serve on supervisory boards of state-owned enterprises. The proposal has already passed one parliamentary committee.

The Managing Director of SIC Life Insurance revealed that a Deputy Minister of Finance verbally instructed state-owned enterprises to conduct business with SIC Life Insurance during the company's board inauguration.

A commentary piece argues that it is time for Slovenia to inform the EU that its rules are not working in the country and to re-establish state-owned enterprises to ensure minimal services and goods.

Economist Professor Peter Quartey has urged the government to strictly enforce performance targets for state-owned enterprises (SOEs) to reduce inefficiencies and curb financial losses.

The Civic Movement URA proposes a reduction in fuel excise taxes, an increase in pensions for all pensioners, and compensation for all former employees of state-owned enterprises that went bankrupt.

Pakistan's Prime Minister Shehbaz Sharif has approved salary deductions of up to 30% for employees of State-Owned Enterprises (SOEs) as part of new austerity measures.

China is intensifying pressure on its state-owned enterprises to ease budget strains, demanding more contributions or efficiency from these firms.

The Kenya Pipeline IPO has seen a mix of successes and challenges as the State looks to pursue more listing deals. This reflects the government's strategy to privatize state-owned enterprises and deepen the capital markets.

Uzbekistan's National Investment Fund has acquired additional shares in major state-owned companies, including Uzbektelecom, Uzbekinvest, and Uzpromstroybank, consolidating its control.

Indonesia plans to leverage expatriate talent to enhance the performance and competitiveness of its State-Owned Enterprises.

The Kenyan Treasury has identified Sh83 billion in outstanding government-guaranteed debt owed to various state-owned enterprises, including a substantial amount to KenGen.