Electric CEB approves privatisation of unit CEB-D for $254 mm

Companhia Energética de Brasília (CEB) reported that its shareholders approved a proposal to sell 100% of the shares of its electricity distribution subsidiary CEB-D. At an extraordinary general meeting, shareholders also decided that the privatisation of CEB-D should involve a minimum sale price of R$1.423 billion ($254mm).

Source: UOL Economia

Sebrae: Situation of micro & small companies remains critical

Silas Santiago, Public Policy Manager at Sebrae Nacional, evaluated that although Brazilian micro and small companies have begun to recover from the coronavirus crisis, their situation remains “critical. He defended a project that suspends the payment of taxes and another that foresees a special payment of debts related to taxes (Refis do Simples Nacional).

Source: G1