Privatization and Government Regulation of Public Utilities: Just and Reasonable Return – The Case of TANESCO.

The inefficiency of public utilities undoubtedly contribute to economic problems in Tanzania. Privatization has increasingly become an alternative to addressing the fundamental problems of inefficiency, and as a solution for reducing the heavy burden on the national budget during times of economic crisis. The purpose of this paper is to consider the traditional issue of "Just and Reasonable return", as an alternative of public interest, were natural monopolies such as TANESCO to be privatized. African Journal of Finance and Management Vol.7(1) 1998: 33-3