Cabinet clears the way for selling of parastatals as MP denied say

President William Ruto, his deputy Rigathi Gachagua and Prime CS Musalia Mudavadi and a host of Cabinet Secretaries during a past meeting at State House, Nairobi. [PCS]

Some parastatals could soon be sold off after the Cabinet approved the Privatisation Bill, 2023.

The Bill gives power to the National Treasury to privatise public-owned enterprises without Parliament's approval.