Job losses are looming in State plans to merge parastatals, a move that will see upto ten parastatals collapsed into one in far reaching proposals that will cut extra fat and save taxpayers billions of shillings.
Speaking at the SMEs Conference and Expo in Nairobi yesterday where he revealed a raft of measures aimed at supporting small businesses, Treasury Secretary Ukur Yatani said Kenya has close to 400 State agencies, half of them being regulatory bodies.
