According to Ottoniel dos Santos, deputy coordinator of the National Interministerial Commission for the Privatization Program (Propriv), by November, the State will sell 34 percent of the 49 shares it owns in Standard Bank, 24 percent of which "to the partner shareholder and 10 percent on the stock market".
Quoted in a government statement, to which VerAngola had access, the deputy coordinator also informed that, in the same period, the State will privatize 30 percent of the 100 percent it holds in Bodiva and ENSA.
"This is the proposal that the commission will submit to higher assessment in order to move forward", indicated Ottoniel dos Santos, in statements, this Monday, at the end of a meeting of the commission, whose guidance was the responsibility of the Minister of State for Coordination Economics, José de Lima Massano.
On the occasion, Ottoniel dos Santos clarified that the "process for Bodiva will be sale, while ENSA intends to carry out a privatization on the stock exchange".
At the meeting, which served to analyze Propriv's balance sheet "until the last period, as well as the proposed privatization strategy for a set of assets throughout this semester and the first quarter of 2025", the commission also made an assessment of the "proposal to optimize Unitel's privatization process".
Regarding this asset, the executive said that its privatization will not happen this year, 'pushing' the date to the second half of next year.
"According to the commission's deputy coordinator, the proposal is in the order of 15 percent of the State's stake in Unitel and this privatization should take place by the beginning of the second half of 2025", says the statement.
Furthermore, the body also assessed the "privatization strategy of the State's indirect participation in Banco Fomento Angola (BFA)", and the responsible indicated that this asset will be sold by the first quarter of next year.
"This stake will be sold by the first quarter of 2025 and will be in a size of up to 30 percent of the combined stake of the State and the equity partner it holds in Banco Fomento Angola", he said, quoted in the statement.
It is worth remembering that Propriv was extended for another three years. The program was initially scheduled to run between 2019-2022, but ended up being extended to the period between 2023 and 2026.
