BTC On Line For Privatisation

Monday, February 04, 2008

The Public Enterprises Evaluation and Privatisation Agency (PEEPA) has signed a contract agreement with the International Finance Corporation (IFC) to act as transactional advisors in the Privatisation of Botswana Telecommunication Corporation (BTC).

IFC is a member of the World Bank Group and is set to advise on increasing private sector participation, reducing telecommunications charges and extending telephone coverage at BTC.

According to a press statement released by PEEPA at the weekend, the signing ceremony was attended by officials of PEEPA, BTC and Ministry of Communications, Science and Technology.

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