Government still shooting for September privatisation

Thu, 02 Aug 2012

By Pattrick Smellie Aug. 2 (BusinessDesk) - The government is giving the Waitangi Tribunal three weeks to produce its views on Maori claims to water rights so that the partial privatisation of state-owned electricity company MightyRiverPower can go ahead next month. Finance and state-owned enterprise ministers Bill English and Tony Ryall have asked the tribunal to report in substance on the issues by Aug. 24, four days ahead of MRP's scheduled annual profit announcement. That would allow ministers to make decisions "by the first week of Sept...

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