Privatization

Sugarcane farmers in Bungoma County are receiving faster payments after Nzoia Sugar resumed operations. The company has paid over Sh760 million since January 2026. CEO Sohan Sharma confirmed improvements in production and machinery upgrades.

April 16, 2026 Reported by AI

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.

Pablo Gallart, CEO of Ribera Salud, has requested to be removed from managing Torrejón de Ardoz Hospital following the release of audios where he ordered increasing waiting lists to maximize profits. The group has announced a deep audit to verify compliance with ethical and legal standards. The news has triggered immediate reactions from the regional government and political opposition.

December 03, 2025 Reported by AI

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.

Isabel Díaz Ayuso's government has removed for the first time from the 2024 annual report of the Madrid Health Service (SERMAS) the data on external patients treated in privately managed hospitals, particularly those of Quirónsalud. This omission, criticized by the left-wing opposition, occurs amid scrutiny over payments to these companies. The Health Department assures that the data will be published on the web later.

October 30, 2025 Reported by AI

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.