Ruto Announces Changes in Govt Appointments and Operations

Ruto announced that the reforms will ensure more efficient management of the company’s assets and curb the political interference that has, he said, limited the potential of state-owned enterprises...

✨ Key Highlights

President William Ruto has announced significant reforms in Kenya's state-owned enterprises (SOEs), aiming to reduce political interference and give the private sector a greater role in board appointments. This move seeks to professionalize management and align decision-making with financial responsibility.

The government plans to offer 65 percent of its shares in Kenya Pipeline to the public, with an offer window from January 19 to February 19, 2026.
Treasury CS John Mbadi has been tasked with developing guidelines for private shareholder participation in board appointments.
The reforms will first be implemented in Kenya Re and KENGEN, following the model of Kenya Pipeline.
The Kenya Pipeline IPO is projected to raise Kshs 106 billion.
President Ruto emphasized that strategic funds like the National Infrastructure Fund and the Sovereign Wealth Fund will remain insulated from political influence.

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