×
App Icon
The Standard e-Paper
Informed Minds Prefer The Standard
★★★★ - on Play Store
Download Now

Privatisation of State corporations faces more opposition

An aerial view the KICC, Nairobi. [Wilberforce Okwiri, Standard]

The planned privatisation of some State-owned entities is facing more resistance following the filing of another petition by human rights activists at the High Court in Nairobi, seeking to nullify the recently enacted Privatisation Act 2023.

A successful bid by the party would in turn stop the planned sale of parastatals that the government has just embarked on. The government is banking on a recent change in the law to fast-track the privatisation of some firms.

Get Full Access for Ksh299/Week
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in
Business
Local vehicle assembly grows 35 per cent in seven years
Business
State ordered to pay Mauritian backed sugar investor Sh24b
Business
Power demand hits new high in November amid generation fears
Business
Electric bike riders use Uber, Greenwheel in row over bonuses