Treasury Unveils Changes at State Firms as New Govt Jobs Open Up
Over 40 State parastatals are set to undergo major restructuring with the new job announcements made by the Treasury, which comes just a few weeks after the privatisation of KPC...
✨ Key Highlights
The Kenyan Treasury has initiated a significant restructuring of its Government Owned Enterprises (GOEs) by announcing dozens of new board positions according to the GOEs Act, 2025.
- The restructuring impacts major parastatals including Kenya Railways, KPC, and KAA, seeking independent directors with at least 10 years of professional experience.
- Key organizations involved include the Treasury, and several strategic public entities like Kenya Power, KenGen, and KPA.
- Applications for these renewable three-year terms are open until May 26, 2026, with successful candidates undergoing rigorous integrity checks.
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Treasury Unveils Changes at State Firms as MPs Question Rental Costs - May 2026
The Kenyan Treasury has initiated a significant restructuring of its Government Owned Enterprises (GOEs) by announcing dozens of new board positions according to the GOEs Act, 2025. Members of Parliament have strongly criticized the government's continued spending on rented office spaces and renovations, particularly given budget cuts threatening digitization programs. Separately, the Senate ordered the National Treasury to immediately reverse a decision to freeze funding to Meru County, citing unconstitutional procedures and potential damage to devolution. The Division of Revenue Bill for the 2026/27 financial year is now headed for mediation between the Senate and the National Assembly after the Senate approved a new clause impacting county funding.
