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Treasury says no immediate plan to sell 25.3pc stake in East African Portland Cement
National Treasury and Economic Planning Cabinet Secretary John Mbadi when he appeared before the National Assembly Public debt and Privatization Committee at the Continental House in Nairobi on November 28, 2024.
Treasury Cabinet Secretary John Mbadi says the government is reviewing its shareholding in several State-owned enterprises but has yet to decide whether to follow the National Social Security Fund (NSSF) in offloading its stake in East African Portland Cement (EAPC).
Mr Mbadi said the Treasury is assessing its investments in commercial State corporations to determine which ones are “mature enough” for privatisation.
