Want to pay Kenya’s Sh10 trillion debt? Sell all these parastatals now

Kenya Power Offices along Aga Khan Walk, Nairobi.

Photo credit: File I Nation Media Group

The government has no business being a butcher by owning the Kenya Meat Commission, selling sugar by owning Nzoia Sugar Company, Chemili and Mumias, and a banker with stakes in Consolidated, Development Bank of Kenya and KCB and NBK.

Similarly, it shouldn't be a retailor by owning supermarkets such as the collapsed Uchumi, a trader dealing in salt and cooking oil (KNTC) and an owner in a host of over 200 other State-owned enterprises (SOEs), including Kenya Pipeline, KPC, Kenya Power and KenGen.

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