President Ruto to privatise up to 10 State corporations within one year

President William Ruto, Deputy President Rigathi Gachagua, and the chairman of Nairobi Securities Exchange Kiprono Kittony during the launch of the enhanced Nairobi securities exchange marketplace on October 11, 2022. [Wilberforce Okwiri, Standard]

The government is making renewed efforts to offload some of the State corporations after more than a decade of failed attempts to privatise the troubled enterprises.

President William Ruto has said the government would privatise between five and 10 State corporations over the next one year.