Job losses loom in new push to merge or fold up to 140 parastatals
President Ruto fires warning shot to loss-making parastatals.
Source: nation.africa
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President Ruto fires warning shot to loss-making parastatals.
Government plans to spend Sh220 billion to set up new iron and steel plants.
According to the cabinet, the move is expected to stimulate the expansion of the country’s hospitality industry and grow the individual units through private sector investment.
Mwaura said privatisation of a company does not mean selling it.
The activist wants Privitisation Act scrapped and selling of state corporations halted