×
The Standard e-Paper
Join Thousands Daily
The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
The announcement that the National Treasury will take the lead in the crafting and implementating Kenya's plan to privatise scores of State-owned enterprises is highly welcome.
New draft rules released for public participation indicate the government plans to replace the Privatisation Commission with a Privatisation Authority that it hopes will streamline the process of selling the public corporations. The rules propose that the National Treasury Cabinet Secretary be in charge of the process, including guiding the policy and implementation of the privatisation, and cutting the number of board members from 11 to nine.
Subscribe to our newsletter and stay updated on the latest developments and special offers!
join