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Kenya in major policy shift on support for PPPs

Over 70 projects being implemented under the public-private partnership framework in Kenya face an uncertain future, after a government decision to withdraw financial and risk guarantees. Despite a push by the government for the private sector to be actively involved in cash-intensive infrastructure projects, the National Treasury has unveiled a new policy that is bound to have far-reaching ramifications for PPP projects.

The Privatization Commission is seeking consultants

The Privatization Commission is seeking consultants to advise on sale of stakes in Kenya Wine Agencies Ltd (Kwal), Kenya Meat Commission (KMC) and Agrochemical and Food Corporation (ACFC). “Kwal, KMC and ACFC form the second batch of planned sell-offs lined up by the Treasury after a similar process was initiated in May targeting State-owned stakes in hospitality firms such as Hilton, InterContinental and Mountain Lodge. ‘Consultants with the ongoing transaction advisory contracts with the Commission are not eligible to participate,’ Commission acting executive director Janerose Omondi said in a notice. ‘Prospective bidders are not allowed to bid for more than one tender.’”

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