Standard Investment Bank (SIB) won a Sh12.63 million deal to guide the sale of the government's stake in five top hotels.
Disclosures show that SIB, which was awarded the three-month contract on September 17, 2024, would guide the Privatisation Authority in the sale of a Sh671 million government stake in five hotels controlled by the Kenya Development Corporation (KDC) -- Kenya Safari Lodges, Mt Elgon Lodge Limited, Golf Hotel Limited, Sunset Hotel, and Kabarnet Hotel.
