×
App Icon
The Standard e-Paper
Read Offline Anywhere
★★★★ - 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.
Fact‑first reporting that puts you at the heart of the newsroom. Subscribe for full 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
How Kenya has lost Sh6.1 trillion to tax fraud
Business
Why used car imports are facing curbs
Financial Standard
Pension trustees jittery after collapse of Nakumatt, Chase Bank
Financial Standard
KQ eyes fleet recovery after planes grounding turbulence