The Kenyan president has said his government is ready to privatise thirty five state-owned companies which he said were currently functioning inefficiently due to bureaucracy....CONTINUE READING
In a bid to boost productivity, President William Ruto said hundred other firms were also being looked at for possible privatization.
Mr Ruto’s announcement comes as the country is facing severe economic challenges including high inflation and rising levels of debt.
Last month, the Kenyan government changed a law to make it easier to sell state enterprises to private companies.
