Privatization has been embarked since the late 1970's in the belief
that the private outperforms the government in handling and
controlling enterprises. Since its introduction however there arose
so many controversial feelings on its performance throughout the
world. What enhances the public enterprises in developing countries
for privatization is their economic incapability and governments of
these countries expressed their successes in implementing it.
Researchers and economists are hence very busy in identifying the
successes or failures of privatization. Irrespective of the
elucidations and conclusions given by the governments of developing
countries which have enjoyed from the privatization platform, most
research findings showed privatization in these countries are
alarming. The main objective of this study is therefore to identify
and analyze the challenges, limitations and other scenarios of
privatization so as to evaluate the post-privatization performance
of privatized industrial establishments in Ethiopia.
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