OVERALL FUNCTIONS OF SERA

  • Assist in coordinating and managing the commercialisation, privatisation and restructuring process of State Enterprises and Parastatals (SEPs).
  • Advise line Ministries on all matters relating to the reform process and to assist in the financial restructuring of SEPs earmarked for commercialization, privatization and restructuring.
  • Provide legal advice on legislative changes to be effected in order to speed up the reform process.
  • To assist SEPs in the preparation of Business Plans, Strategic Plans and Turnaround Strategic documents.
  • To assist SEPs in the development of Performance Monitoring Framework.
  • To provide corporate finance advice to SEPs.
  • Prepare in consultation with line Ministries, a Memorandum, including detailed work plans and timetables for the commercialization, privatization and restructuring of SEPs.
  • Assist line Ministries and the relevant state enterprises and parastatals in the identification of local and/or external consultants (accountants, valuators and management and marketing specialists, e.t.c.) to be engaged to undertake technical aspects of the commercialisation, privatization and other restructuring strategies of SEPs.
  • Assist SEPs with technical advice in preparation and approval process of Public-Private-Partnerships (PPPs) projects.
  • Undertake the preparation and implementation of a public information campaign relating to the benefits of commercialization, privatization and other restructuring strategies including the anticipated empowerment benefits for indigenous Zimbabwe.
  • Undertake due diligence on strategic partners.
  • Undertake post commercialisation, privatisation and restructuring evaluation exercise of SEPs.