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At last, RUTO reveals the real reason he wants to sell KICC, Kenya Pipeline and 9 other parastatals – You won t believe this

Wednesday, December 13, 2023 - President William Ruto has broken the silence over his controversial decision to privatise 11 parastatals, including the Kenyatta International Convention Centre (KICC) and Kenya Pipeline. Speaking at the Diaspora Investment Conference at KICC, Ruto clarified that the decision was arrived at based on a 10-year-old government report that recommended the disposal…

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Ruto Defends Privatising KICC and 10 Other State Corporations

The govt has faced heavy criticism over plans to sell some of the parastatals but President William Ruto remains unfazed.

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I m ready for consequences over parastatals sale – Ruto

“Some of them you ask ‘what is this one doing?’ nobody can tell you."

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Sh518 billion paper losses dampen sale of State firms

Listed companies in which the government has a controlling stake or major influence have shed Sh408.5 billion in value this year.

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Sh518 billion paper losses dampen sale of State firms

Sh518 billion paper losses dampen sale of State firms
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