State eyes asset sale relief as Kenyans reject more taxes

Treasury Cabinet Secretary John Mbadi speaks during treasury market update at JW Marriott Hotel in Nairobi on December 4, 2025. 

Photo credit: Bonface Bogita | Nation Media Group

The government has rolled out a plan to sell its stake in several commercial public corporations as part of a new framework for funding future public projects.

In the pipeline for privatisation are more than 200 state-owned enterprises (SOEs) and other companies where the State has ownership stakes, with 45 of the entities lined up for the first phase of divestiture.

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