Page 11 - Mwea News Today

Tuesday, November 28, 2023 – The government of President William Ruto has moved to justify the move to sell Kenyatta International Convention Center (KICC) amid uproar from members of the public. In a detailed privatisation programme, Ruto, through National Treasury Cabinet Secretary Njunguna Ndungu, detailed that the move to sell the iconic facility built in 1973 was informed…

Opposition chief says the move is ill-advised

About 91.2 hectares of land will be surveyed and title deeds issued to the inhabitants

The govt will divest from the 11 companies with Treasury set to lead the sale of the corporations.

The iconic landmark is wholly owned by the government

The National Treasury and Economic Planning ministry has published a list of 11 State Owned Enterprises it seeks to finalize their privatization by the end of the year.

Monday, November 27, 2023 – The Government of President William Ruto has put up 11 key parastatals for sale as the appetite for more money grows. Among the parastatals to be sold through the privatization program include; Kenya Literature Bureau (KLB), Kenyatta International Convention Centre (KICC), National Oil Corporation (NOC), Kenya Seed Company Limited, Mwea Rice Mills, and Western Kenya…

Ruto had announced that the government will do away with non-strategic or loss-making Government entities.

The Kenyatta International Convention Centre, the Kenya Pipeline Company and the New KCC are some of 11 government parastatals that have been marked for privatisation, the National Treasury and Economic Planning Ministry has proposed.

Kirinyaga residents reaped big from the President's Mt Kenya tour in August.