×
App Icon
The Standard e-Paper
Kenya's Bold Newspaper
★★★★ - 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
Unlock the Full Story — Join Thousands of Informed Kenyans Today
  • 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
Why your land title may no longer secure you a loan
Financial Standard
China's investment cap leaves State grappling with two toll tariffs
Financial Standard
Revealed: Where Kenyans invest their billions in a tough economy
Financial Standard
Boardroom misunderstanding: Why billions spent on cybersecurity have yet to pay off