Government of Kenya has listed a number of parastatals to be sold in Kenya. One of them is KICC which will be sold for Ksh 6 billion. A total of 11 parastatals will be sold to earn the government a revenue of up to Ksh 220 billion.
They are being sold because they aren’t making profits. Below is the full list:
– Kenya Literature Bureau
– Kenyatta International Convention Centre
– National Oil Corporation
– Kenya Seed Company Limited
– Mwea Rice Mills
– Western Kenya Rice Mills Limited
– Kenya Pipeline Company
– New Kenya Cooperative Creameries
– Kenya Vehicle Manufacturers Limited
– Rivatex East Africa Limited
– Numerical Machining Complex