Thursday, April 14, 2005

Parastatal Reforms

Parsatatal reforms are one way in which the government is honouring its pledges to Donors, however getting privatization bills passed in a divided Parliament will not be easy. The government has identified corporations it intends to retain and it will dispose of 59 others.

To be retained include National Cereals and Produce Board (agree), Kenya Broadcasting Corporation (absolutely not), while shares in Kenya Ports authority (KPA), Kenya Railways Corporation, Kenya Airport Authority and the Mombasa-Malaba road will be made available to the public.

On a positive note, the Government has, so far, admirably demonstrated the transparent process in its privatization (sale of 30%) of Kengen.

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