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Privatisation of 10 parastatals listed on NSE a good idea

President William Ruto NSE

Front row: President William Ruto, his deputy Rigathi Gachagua and KEPSA CEO Carole Kariuki pose for a photo with pioneer trading participants of the current Nairobi Securities Exchange after the bell-ringing ceremony to mark the launch of the Enhanced Nairobi Securities Exchange Marketplace on October 11, 2022. 

Photo credit: Diana Ngila | Nation Media Group

What you need to know:

  • The planned privatisation of 10 parastatals listed on the Nairobi Securities Exchange is a good idea.
  • It will inject funds into the public coffers while offering Kenyans a chance to own a piece of some iconic companies.
  • President William Ruto should help the country to eradicate poverty.

Prosperity •President William Ruto should help the country to eradicate poverty, says Kevin Lomulen. “Migori County, for example, has gold, and produces 54 tonnes, earning Sh34 billion annually. Kenyans should increase revenue. After 59 years of Independence, we need to pursue and implement the various pillars of the Kenya Vision 2030 for economic progress.’’ His contact: [email protected].

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