Privatization in the name of public private partnership: the case of Tanzania Breweries Ltd., an evaluation
Privatization in the name of public private partnership: the case of Tanzania Breweries Ltd., an evaluation

Summary/Abstract: The policies of International Monetary Fund (IMF) and the World Bank (WB) have made significant impact in most developing countries, particularly in South of the Sahara. Foreign direct investment (FDI) is one of the policies spearheaded by these institutions. Countries like Tanzania, Uganda and Kenya, have experienced a wave of economic reforms in recent years. These reforms, to a larger extent, which have been inspired by International Institutions, have recently faced with a magnitude of concerns which is expressed in terms of whether the right kind of pre-conditions exists for these measures since some of the measures don’t produce the desired outcomes in some developing countries. The thrust of the evaluation has been on whether privatization through Public Private Partnership presents a profitable policy in Tanzania. In other words, if there is any evidence of significant performance of State Operated Enterprises after privatization. This research takes stock of the evidence in pre and post three privatized companies and shows that in competitive environment privatization has been a resounding success in improving performance of public enterprises.

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