TY - JOUR
T1 - Putting privatisation into practice: The case of Zambia consolidated copper mines limited
AU - Craig, John
PY - 2001
Y1 - 2001
N2 - During the 1990s, African governments sought to translate their commitment to privatise state enterprises into action. In doing so, they faced questions concerning the form in which these enterprises would be sold, to whom and on what terms. This paper examines the privatisation of Zambia Consolidated Copper Mines (ZCCM) between 1992 and 2000. It argues that the capacity of the Zambian government to determine the answers to these questions was constrained by a number of factors, of which the most important were the strategies pursued by potential purchasers, the demands of donors and the financial weakness of ZCCM itself.
AB - During the 1990s, African governments sought to translate their commitment to privatise state enterprises into action. In doing so, they faced questions concerning the form in which these enterprises would be sold, to whom and on what terms. This paper examines the privatisation of Zambia Consolidated Copper Mines (ZCCM) between 1992 and 2000. It argues that the capacity of the Zambian government to determine the answers to these questions was constrained by a number of factors, of which the most important were the strategies pursued by potential purchasers, the demands of donors and the financial weakness of ZCCM itself.
U2 - 10.1017/S0022278X01003652
DO - 10.1017/S0022278X01003652
M3 - Article
SN - 0022-278X
VL - 39
SP - 389
EP - 410
JO - Journal of Modern African Studies
JF - Journal of Modern African Studies
IS - 3
ER -