Page 10 - Mwea News Today

The government has listed 11 companies for the exercise including KICC.

The bill proposes that all involved in the animal feed value chain shall incur a fine of Ksh. 20,000 or a jail term of up to six months if found flouting the laid down regulatory framework.

Thursday, November 30, 2023 – President William Ruto’s government recently put up more than 11 state-owned corporations for sale, among them, the famous Kenyatta International Convention Centre (KICC), in a move that shocked many. However, unknown to many is that Ruto had no choice but to act after being forced by the International Monetary Fund (IMF). According…

Thursday, November 30, 2023 - Lawyer Miguna Miguna has blasted President William Ruto on his nefarious plan to sell the Kenyatta International Conference Centre (KICC). In a statement on X, Miguna said KICC must not be sold, noting that it is not acceptable. “The KICC must not be privatized. That’s the red line,” Miguna tweeted. His remarks come after Busia Senator…

"All negative propaganda that is going around in line with the privatization bill, should stop."

He says the firm is too strategic to the country’s economy to be left in private hands.

"Leaders cannot just strip a Nation of its assets without reference to the people."

Nairobi Senator Edwin Sifuna has said that a referendum should have been held before the proposed sale of government parastatals such as the Kenyatta International Convention Centre (KICC) and the Kenya Pipeline Company (KPC).

The lawyer says KICC must not be privatised

President Ruto’s administration is proposing to sell 11 parastatals with an asset value of more than Sh200 billion.