Despite the controversies surrounding privatisation processes, President William Ruto defended the government's decision, citing a decade-old report r...

The Privatisation Act, of 2023, aimed to enhance the regulatory framework governing the privatisation of public entities, aiming to boost the efficien...

To address this, the Committee says financing of the gap will predominantly shift towards foreign borrowing.

The CS said he will now write to the Treasury CS on the issue of the 2019 cabinet resolution.

Last month, President William Ruto signed a revised privatisation bill into law that makes it easier to sell state enterprises to private companies.