×
App Icon
The Standard e-Paper
Informed Minds Prefer The Standard
★★★★ - on Play Store
Download Now

Why privatization of state corporations won't benefit ordinary Kenyans

Vocalize Pre-Player Loader

Audio By Vocalize

President William Ruto. [PCS]

Operation Linda Jamii has gone to court to challenge the legality of the Privatization Bill, 2023, that President William Ruto recently signed into law. The insatiable appetite for privatization shown by the Ruto administration from its first Cabinet meeting is of concern.

This coupled with the fact and the intention of removing the requirement for parliamentary approval of members of the Privatisation Authority, which was provided for in the repealed Privatisation Act 2005, among other envisaged illegalities. The government's argument that this revised regulatory framework seeks to improve the efficiency and competitiveness of Kenya's productive resources leaves much to be desired.

Premium Article

Get Full Access for Ksh299/Week.

Uncover the stories others won't tell. Subscribe now for exclusive access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
Sports
Kakamega and Musingu keep winning
Athletics
World Indoor show kicks off with tough battles expected
Sports
Schools: St Mary's Yala rules handball, basketball and rugby at Nyanza games
Sports
Schools: Manyatta, Maseno and Ng'iya Girls dominate Nyanza finals