State to take all billions from sale of government firms

The Nakuru Kenya Pipeline Company (KPA) deport on November 22, 2024.

Photo credit: File | Nation Media Group

The government will now retain the money raised from the sale of its entities, offering the Exchequer a major boost amid a growing budget deficit and mounting debt payment obligations.

This follows the enactment of the Privatisation Act 2025, which requires that the billions of shillings raised from the sales be wired directly into the Consolidated Fund (CF).

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