President Ruto assents to the Privatisation Bill 2023

The Bill provides that the privatisation of entities published under Gazette Notice No. 8739 of 14th August 2009 shall lapse. [State House, X]

President William Ruto has assented to the Privatisation Bill, 2023, a move that will see a speeding up of the privatisation of non-performing state-owned enterprises.

The Bill has repealed the Privatization Act 2005 which was enacted before the implementation of the current Constitution.