Privatization
Health ministry probes Torrejón hospital irregularities after CEO audios
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Spain's Health Ministry has launched an investigation into Torrejón de Ardoz Hospital after audios revealed its CEO ordering longer waiting lists to boost profits. Minister Mónica García has urged Madrid's regional government to conduct a thorough review of all privately managed public hospitals. Workers had reported similar pressures months earlier to prioritize more profitable patients.
Brazil's Minas Gerais Court of Accounts (TCE-MG) barred the state government on Thursday (16) from finalizing Copasa's privatization without a conclusive court ruling. It allows preparatory steps but prohibits transferring share control or starting share offerings. Any further actions require 48 hours' prior notice to the court.
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Assistant Prime Minister Hashem El-Sayed announced Egypt will temporarily list 10 state-owned companies on the stock exchange within two weeks, with the remaining 10 of a 20-firm batch by end-April 2026. The timeline came during a meeting chaired by Prime Minister Mostafa Madbouly. It aims to advance the government's offerings programme.
Cabinet Secretary Mutahi Kagwe outlined strict conditions for the 30-year lease of four state-owned sugar companies during a parliamentary committee appearance. The handover to private firms occurred in May 2025, with requirements focused on investment and community benefits. Key terms include fixed rental fees and prohibitions on transferring the lease.
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A delegation from the International Monetary Fund arrived in Cairo on Monday to start the final review of Egypt's US$8 billion loan program from 2022. The two sides are set to address the government's slow privatization pace and growing reliance on hot money for liquidity. Egypt's macroeconomic indicators have improved recently as the country moves past the peak of its economic crisis.
Revista Veja Negócios held the first edition of the TOP30 – Best Companies in Brazil ranking, in partnership with Austin Rating, awarding companies from 30 sectors based on financial statements from 2022 to 2024. The event took place at Hotel Palácio Tangará in São Paulo, with Governor Tarcísio de Freitas in attendance. The awards recognized financial results, exemplary governance, and sustainable growth.
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Kenya's Ministry of Tourism plans to privatize five beaches and four islands in Kwale, Lamu, and Kilifi counties to attract high-end investments. The strategy aims to develop luxury facilities while ensuring environmental and employment safeguards. Public feedback is being sought on the draft National Tourism Strategy 2025-2030.