| Angola : Integrity Scorecard Report > Sub-Category: Privatization | ||
| Indicators | Score | |
| 53 | Is the privatization process effective? | 67 |
| 54 | Can citizens access the terms and conditions of privatization bids? | 65 |
Indicator and sub-Indicator Details
| 53 | Is the privatization process effective? | |||||||
| 53a: In law, all businesses are eligible to compete for privatized state assets. | ||||||||
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Comments: References: Lei das Privatizações, (Privatization law) Art.º 8.º da Lei n.º 10/94, de 31 de Agosto.
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| 53b: In law, there are regulations addressing conflicts of interest for government officials involved in privatization. | ||||||||
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Comments: References: Lei das Privatizações (Privatization law) Art.º 11.º.
Peer Review Comments: Law 21-E/92 and Decrees 16-A/95 and 12/03 allow for officials to maintain ownership of private sector companies and interests while in office but prohibit active management of those companies. Violations can lead to two-year prison sentences, although the extent to which the active management prohibition is actually enforced is unknown. One could argue that these restrictions represent a sort of "conflict of interest" regulation but the very fact that simultaneous private sector investment and ownership arrangements are allowed for government officials, without any apparent process for recusal if a potential conflict arises, suggests they are not.
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| 53c: In practice, conflicts of interest regulations for government officials involved in privatization are enforced. | ||||||||
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Comments: During the most successful phase of the privatization process, conflict-of-interest regulation seems to have been seriously flawed as insiders with links to the government, the army or the party acquired enterprises on favorable terms. References: Bertelsmann Stiftung, BTI 2008: Angola Country Report. Gütersloh: Bertelsmann Stiftung, 2007. [ LINK ].
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| 54 | Can citizens access the terms and conditions of privatization bids? | |||||||
| 54a: In law, citizens can access privatization regulations. | ||||||||
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Comments: The law states that the modalities, limitations and restrictions of specific cases undergoing the privatization process must be adequately publicized. References: Lei das Privatizações (Privatization law) "Art.º 7, Nº 3 da Lei n.º 10/94, de 31 de Agosto.
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| 54b: In practice, privatizations are effectively advertised. | ||||||||
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Comments: The privatization process has stalled and needs to be revamped. Since 2002, only a few companies have been privatized. The privatizations carried out were advertised in the national newspaper, Jornal de Angola. References: World Bank IMF (2005) Angola: 2004 Article IV Consultation p. 11, [ LINK ].
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| 54c: In law, the government is required to publicly announce the results of privatization decisions. | ||||||||
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Comments: References: There is no such requirement in the privatization law and its alteration law, Nº 8/03 of April 18, 2003.
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| 54d: In practice, citizens can access privatization regulations within a reasonable time period. | ||||||||
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Comments: There is very little information available about the privatizations that took place years ago, but they were most likely published in Jornal de Angola; this would be available at least to citizens in Luanda and in some provincial capitals. References: IMF (2005) Angola: 2004 Article IV Consultation p. 11, [ LINK ].
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| 54e: In practice, citizens can access privatization regulations at a reasonable cost. | ||||||||
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Comments: The Jornal de Angola newspaper is available at a reasonable cost. References: IMF (2005) Angola: 2004 Article IV Consultation p. 11, [ LINK ].
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