The Kenyan Government has identified five state-owned enterprises for privatization as part of ongoing economic reforms.
These include the Kenya Literature Bureau, Kenya Pipeline Company, National Oil Corporation of Kenya, Rivatex East Africa Ltd, and Kenya Seed Company Limited.
The move aims to enhance efficiency and attract private investment.
Privatization efforts have faced legal and political challenges over the years, but Parliament has now approved the sale of 65% of Kenya Pipeline Company, with the government retaining 35% ownership.