×
App Icon
The Standard e-Paper
Stay Informed, Even Offline
★★★★ - on Play Store
Read on the App

State moots plan to secure 20pc stake in high-risk industries

President William Ruto arrives for the presidential round table with Kenya Private Sector Alliance at Emara Ole Sereni, Nairobi, on August 6, 2025. [PCS]

The government is considering buying a 20 per cent stake in capital-intensive industries initiated by the private sector in a bid to derisk the entities.

A budget of Sh20 billion to the Kenya Development Corporation (KDC) has been suggested by President William Ruto to facilitate this plan as his administration seeks to boost industrial growth in the country.

Get Full Access for Ksh299/Week
Fact‑first reporting that puts you at the heart of the newsroom. Subscribe for full access.
  • 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