The Central Bank of Kenya (Sh1.78 trillion) and Kenya Airports Authority- KAA (Sh1.06 trillion) – had assets surpassing the Sh1 trillion mark by end of June last year.
The CBK alone holds 18 percent of the assets, while KAA holds 11.1 percent. Together, the two hold 30 percent of the assets.
The two were followed by Kenya Railways Corporation (Sh783.29 billion), Kenya National Highways Authority (Sh768.34 billion), and Kenya Electricity Generating Company (Sh514.37) closing the list of five public entities with assets valued over half a trillion shillings.
It noted that much of the assets are under property, plant, and equipment are lands, buildings, and infrastructure assets.
About 80 percent of Sh9.5 trillion assets held by more than 500 state corporations and other government agencies are in the hands of some 17 entities, a report has revealed.
The report by the Treasury shows that the 17 parastatals and semi-autonomous government agencies (Sagas) hold Sh7.6 trillion assets, leaving close to 500 entities holding the remaining Sh1.9 trillion assets.
