Eastern Africa
Kenya's President Signs Privatisation Bill
The new law is intended to speed up the sale of government assets.
Kenya’s President William Ruto has signed the Privatisation Bill of 2023 into law, repealing the Privatisation Act of 2005, which was considered to be restrictive due to the requirements for obtaining approvals from various stakeholders.
The new law aims to encourage greater participation of the private sector in the economy, improving
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