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Government-owned enterprises law heralds new era for State corporations
President William Ruto assents to a Bill at State House Nairobi. The Government Owned Enterprises Act, assented to on December 5, 2025, scraps the fragmented State Corporations Act regime and shifts Government-Owned Enterprises (GOEs) under the Companies Act.
Kenya's commercial state corporations are entering a new era. The Government Owned Enterprises Act, assented to on December 5, 2025, scraps the fragmented State Corporations Act regime and shifts Government-Owned Enterprises (GOEs) under the Companies Act. The result: uniform governance, commercial discipline and a clear separation between profit-making and public service mandates.
For taxpayers, it means fewer bailouts. For investors, it opens the door to partial privatisation and listings.
