On 9 October 2023, the Privatisation Bill 2023 was assented to by Kenya’s President William Ruto to repeal and replace the Privatisation Act which was passed in 2005. The implementation of the new legislation commenced on 27 October 2023.
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On 9 October 2023, the Privatisation Bill 2023 was assented to by Kenya’s President William Ruto to repeal and replace the Privatisation Act which was passed in 2005. The implementation of the new legislation commenced on 27 October 2023.
We are writing to update you on the recent publication of the draft Privatization Bill which was made available for public participation. The bill, if passed, will replace the current P rivatization Act, 2005. The objective of the bill is to provide a revised regulatory f..