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Kenya Revives Privatization Program Amid IMF-Supported Reforms

Kenya Revives Privatization Program Amid IMF-Supported Reforms
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KICC among 11 state corporations lined up for sale

The iconic landmark is wholly owned by the government

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RUTO s insatiable appetite for money takes a dangerous turn as he puts up KICC, Kenya Pipeline, National Oil Corporation and 8 parastatals for sale

Monday, November 27, 2023 – The Government of President William Ruto has put up 11 key parastatals for sale as the appetite for more money grows. Among the parastatals to be sold through the privatization program include; Kenya Literature Bureau (KLB), Kenyatta International Convention Centre (KICC), National Oil Corporation (NOC), Kenya Seed Company Limited, Mwea Rice Mills, and Western Kenya…

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KICC, Kenya Pipeline among state firms to be sold

Ruto had announced that the government will do away with non-strategic or loss-making Government entities.

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