Unmasking firms winning State tenders hits Kenya, IMF plans

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President William Ruto with the IMF Managing Director, Kristalina Georgieva. FILE PHOTO | PCS

Naming the beneficial owners of companies doing business with the government is off to a slow start, making it one of the remaining pain points for Kenya's commitment to the International Monetary Fund (IMF).

The IMF has raised concerns that State agencies are not doing enough to reveal the owners of companies that supply them, undermining efforts aimed at curbing corruption and conflict of interest.

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