Time flies with great content! Renew in to keep enjoying all our premium content.
Prime
How State can realise maximum returns from Kenya Re investment
The government should attract a strategic investor by selling 50 per cent of its stake in Kenya Re, reducing its ownership from 60 per cent to 30 per cent.
As the government struggles with significant revenue shortfalls post-Finance Bill 2024, one wonders why it isn’t fully applying itself to realising short-term cash returns from its huge investment portfolio.
Partially privatised companies present a compelling opportunity for optimising the Government of Kenya’s (GoK’s) investment portfolio as, unlike new privatisation initiatives, they don’t have to run the gauntlet of competing political and economic interests.
