×
App Icon
The Standard e-Paper
Informed Minds Prefer The Standard
★★★★ - on Play Store
Download Now

Sale of State firms could net Sh110 billion

Vocalize Pre-Player Loader

Audio By Vocalize

Kenya Seed Company is among state agencies that have been listed for sale by the government. [File, Standard]

The planned sale of State-owned entities could generate as much as Sh110 billion over the next four years, which the government expects will help in reducing the money it has to borrow to finance the budget.

The National Treasury last week listed 11 State corporations in which its plans to offload its shareholding to private sector players.

Get Full Access for Ksh299/Week.
Fact‑first reporting that puts you at the heart of the newsroom. Subscribe for full access.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in
Business
Big win for Ruto as court clears path for sale of key State firms
By Brian Ngugi 20 hrs ago
Business
PwC now seeks buyers for Koko Networks assets
Business
Kenya Pipeline Company IPO extended by three working days
Enterprise
When fundamentals are stable but the patient is terrified