What you need to know about Kenya's Privatisation Bill

Treasury Cabinet Secretary Prof Njuguna Ndung’u at a press briefing on November 10, 2022. PHOTO | DIANA NGILA | NMG

A new Privatisation Bill seeks to allow the Treasury to exclude Parliament from approving the sale of State-owned firms in changes aimed at shortening the approval process for the sale of government assets.

The State-backed Bill comes at a time when the government has announced plans to sell a number of State-owned firms through the Nairobi Securities Exchange (NSE) this year.

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