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Sale of State corporations: What they said

Omtatah said that he will oppose the move by the government to privatise 11 state corporations.

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by PURITY WANGUI

News30 November 2023 - 14:46
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In Summary


  • The government on Monday listed 11 corporations that are set to be privatised.
  • The Kenyatta International Convention Centre (KICC) is among 11 state corporations the government has lined up for privatisation.

The government on Monday listed 11 corporations that are set to be privatised.

The Kenyatta International Convention Centre (KICC) is among 11 state corporations the government has lined up for privatisation.

The government indicated that KICC is “required to be incorporated into a limited company.”

Other corporations to be sold are Kenya Literature Bureau, National Oil Corporation, Kenya Seed Company Limited, Mwea Rice Mills, Western Kenya Rice Mills Limited, Kenya Pipeline Company, New Kenya Cooperative Creameries, Kenya Vehicle Manufacturers Limited, Rivatex East Africa Limited and Numerical Machining Complex.

Some leaders have come out to condemn the move.

Nairobi Senator Edwin Sifuna said that a referendum should have been held for Kenyans to decide whether state assets should be sold to Private entities.

Busia Senator Okiya Omtatah said that he will oppose the move by the government to privatise 11 state corporations.

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