Malta’s parliamentary Public Accounts Committee has started to discuss the government’s sale of 30 percent of its shareholding in Maltapost Plc, the island’s postal company, to New Zealand’s government-owned NZ Post.
Read MoreA political brouhaha lashed Malta following last week’s disclosure New Zealand Post was taking over the tiny Mediterranean island’s postal service.
It was announced last week that NZ Post subsidiary Transend had bought 35% of Maltapost in a $6.5 million deal which also involved a two-year management services contract for Maltapost.
The deal has Maltese Liberal government and opposition MPs at each other’s throats and comes hard on the heels of a disgraced NZ Post’s dramatic eviction from South Africa last year.
February 5, 2002 New Zealand Post, through its subsidiary Transend has bought a 35% stake in Maltapost. It wil manage Maltapost for 2 years. It will seek to develop mail systems and marketing and seek to establish arrangements in North Africa and the Middle East.
Read More4 February 2002 New Zealand Post has bought a 16% holding in a software firm Viatx. Viatx provides software used to build e-commerce-enabled Web sites.
There is an option to increase the holding to 50 percent.
Creating a Positive Environment – case histories from around the world – presentation by Michael MacClancy, Triangle at WMEA01
The postal value chain
Case studies – Sweden, New Zealand, USA?, Germany
Conclusions: Protect the entrants rather than the incumbent!
Competition brings innovation
Worksharing generates another type of competition
The incumbent benefits from legal action
Identify your vision and make people aware of it
The threat is substitution!!!
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