×
App Icon
The Standard e-Paper
Home To Bold Columnists
★★★★ - on Play Store
Download Now

Privatisation of State corporations faces more opposition

Vocalize Pre-Player Loader

Audio By Vocalize

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.

Premium Article

Get Full Access for Ksh299/Week.

Bold Reporting Takes Time, Courage and Investment. Stand With Us.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
Business
How local borrowing is stifling Kenya's infrastructure capital needs
Business
Nairobi International Financial Centre eyes Sh2.6b in investments from new firms
Business
Battle over billions as CRA reviews Equalisation Fund beneficiaries
Business
State banks on Cooperative Bill, to boost Saccos growth, secure savings