State to ‘fast-track sale of 18 ailing parastatals’

house-SENATECHERARGEI0708GG

Parliament buildings in Nairobi. FILE PHOTO | NMG

The State will fast-track the privatisation of about 18 loss-making parastatals, Parliament heard on Monday.

Treasury Principal Secretary nominee Chris Kiptoo told MPs the government would reassess the performance of the State entities to bring in strategic investment.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.