Serikali ya Kenya kuuza Makampuni 26 ya kiserikali ili kufidia sehemu ya Bajeti na kutekeleza miradi

Ngao ya Sponji

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State to sell 26 companies to finance current budget


The Privatisation Commission has approved sale of 26 state-owned corporations to raise funds to support the budget.

The commission, under the Privatisation Act, 2005, was mandated to sell 26 poorly performing state corporations to cut down government spending.

Those approved for sale are National Bank of Kenya, Consolidated Bank of Kenya, Kenya Meat Commission, Development Bank of Kenya, East African Portland Cement, Kengen, Kenya Pipeline Corporation, Kenya Ports Authority, and five sugar millers — Chemilil, Sony, Nzoia, Miwani and Muhoroni.

Others are Agrochemical and Food Corporation, New Kenya Co-operative Creameries, Numerical Machining Complex and Isolated Power stations, hotels (Kabarnet Hotel, Mt Elgon Lodge Ltd, Golf Hotel Ltd, Sunset Hotel Ltd and Kenya Safari Lodges and Hotels Ltd).

Also targetted are Kenya Tourism Development Corporation-associated companies, which include International Hotels Kenya Ltd, Kenya Hotels Properties Ltd, Mountain Lodge Ltd and Ark Ltd.

The sale is also set to boost activity on the Nairobi Stock Exchange, as some are expected to float shares through initial public offerings once they are privatised.

Read: Painful budget cuts to reduce runaway spending

The plan has, however, been delayed over the years as a result of bureaucracy in approval of the transactions by the Executive and the proposed parastatal reforms.

The slow process has been pegged on initial freezing of the programme in 2013 and limiting implementation to only a few transactions in 2014.

Over the past 10 years, the commission has only managed to carry out one transaction, which was the sale of 26 per cent stake in Kenya Wine Agencies Ltd (KWAL) to South Africa’s Distell Group Ltd in 2014.

In 2017, Distell increased its shareholding in KWAL to 52.43 per cent after acquiring an additional 26.4 per cent stake from Centum Investments.

In the 2015-16 audit report on state firms, Auditor General Edward Ouko noted that at least 36 parastatals were insolvent, requiring a capital injection of Sh118.76 billion to prevent collapse.

He pinned the firms’ poor performance on uncollected debts running into billions of shillings dating back to the 1990s, unapproved increase in expenditure and double payment of debts owed to service providers.

The report showed that while some firms are still financially sound, there are several questionable dealings, coupled with huge losses, which could grow the list of insolvent corporations.

Currently, there are 262 state corporations and agencies but the government plans to reduce them to 187 by merging them to eliminate duplication.
 
Hii ni hatari sana kwa nchi. Hili kosa pia Mkapa alilifanya na baadae alikili kuwa walikosea kwenye hilo swala. Being block does not mean you have to sell your assets. Mashirika walio olezesha ni nyeti sana. Hapo jua kuwa lazima watu wengi watapoteza ajira. Serikali ya Kenya ijitadhimini.
 
Serikali zote makini Duniani zinajikita kwenye ukisanyaji wa Kodi, Zinajitoa 100% kwenye biashara! USA mpaka magereza wamebinafshisha.
 
Alafu hapo watu watanunua kwa bei yakutupwa. Hao akina Uhuru na rafiki zao ndo watanunua😂😂😂😂

Those approved for sale are National Bank of Kenya, Consolidated Bank of Kenya, Kenya Meat Commission, Development Bank of Kenya, East African Portland Cement, Kengen, Kenya Pipeline Corporation, Kenya Ports Authority, and five sugar millers — Chemilil, Sony, Nzoia, Miwani and Muhoroni.

Others are Agrochemical and Food Corporation, New Kenya Co-operative Creameries, Numerical Machining Complex and Isolated Power stations, hotels (Kabarnet Hotel, Mt Elgon Lodge Ltd, Golf Hotel Ltd, Sunset Hotel Ltd and Kenya Safari Lodges and Hotels Ltd).

Also targetted are Kenya Tourism Development Corporation-associated companies, which include International Hotels Kenya Ltd, Kenya Hotels Properties Ltd, Mountain Lodge Ltd and Ark Ltd.
 
Mashirika haya yanatumiwa vibaya na ndio vyanzo vikuu vya ufisadi if at all you getting the drift.
Unaposema watu watapoteza ajira, unamaanisha nini haswa na si eti Mashirika hayo yamefungwa?
 
Chipukizi said:
Serikali zote makini Duniani zinajikita kwenye ukisanyaji wa Kodi, Zinajitoa 100% kwenye biashara! USA mpaka magereza wamebinafshisha.
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Kwa taarifa yako hilo swala la Marekani lina lalamikiwa sana na wa Marekani wenyewe. Sio magereza tu bali hadi police na reserve bank ya marekani inamilikiwa na matajiri wa Israeli. Ndo maana pesa ya marekani inajina la Reserve Bank of America na sio Bank of America. Wao ndo hufanya printing and issuing of the currency on behalf of the government. In America kunakitu kinaitwa (cooperate companies) they are business catalies who own all that by making profit on tax payers money through the government of America. Saani ya chakula cha mfungwa marekani inakuwa charged juu alafu serikali inalipa na wao kutengeza faida. Wanapo kuwa na wafungwa wengi ndo utengeneza faida zaidi. Marekani inaongoza duniani kwa kuwa na wafungwa wengi. Hicho kitu wa Marekani wengi wanakipinga. Hawakitaki. Pale Wall Street New York skyscrapers nyingi niza hizo cooperates.
We as Africans should never be fooled with American way of doing things but only countries like China India or Vietnam. Kampuni kama Boeing inamilikiwa na serikali ya Marekani. Kampuni ya Airbus inamilikiwa na serikali ya France and Germany. Kuna mambo mengine lazima yafanywe nakusimamiwa na serikali. Kampuni nyingi kubwa za China zinamilikiwa na serikali ya China. Kwa China huko ndo almost all Mega companies are government owned. PPP are always after profit. They always want to benefit on tax payers money and sometimes they charge higher prices.

Hii yote world bank illidanganya nchi za kiafrika ili tusiweze piga atua. PPP hatotokea kuwa mkombozi wa kiuchumi barani Africa. I has failed and will keep on failling in Africa.
 
mwaswast said:
Mashirika haya yanatumiwa vibaya na ndio vyanzo vikuu vya ufisadi if at all you getting the drift.
Unaposema watu watapoteza ajira, unamaanisha nini haswa na si eti Mashirika hayo yamefungwa?
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Okay just go ahead and do that. Sisi kwa sasa Magufuli anapigana kuyaludisha baadhi ya mashirika. Tatizo kubwa huwa ni mangement. Kwa nini mashirika yanayo milikiwa na serikali ya Ethiopia yanafanya vizuri tena sana. ?? Hapo issue ni managemdnt nakuwa serious na kazi. Matokeo tutayaona baadae.
 
mwaswast said:
Mashirika haya yanatumiwa vibaya na ndio vyanzo vikuu vya ufisadi if at all you getting the drift.
Unaposema watu watapoteza ajira, unamaanisha nini haswa na si eti Mashirika hayo yamefungwa?
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You know nothing about this, huu ni ufisadi mkubwa sana kuwahi kuitokea Kenya, Baada ya miaka 10-15 utakuja kuelewa
 
mulisaaa said:
Wanafanya kosa kama la Mkapa ambalo hata yeye alikili kuwa alikosea kufanya hule uwamuzi. Kwa kuwa ni Kikuyu mwenzao kwao haina shida[emoji23][emoji23][emoji23][emoji23]
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Yani hio ni suicide, cycle ya matajiri viongozi wa Kenya inajulikana na hawatakubali kuikosa hiyo fursa akiwemo Uhuru
 
Waje wajifunze bongo. Wanaamini mashirika ya marekani yote ni private. Kesho wakaguse GE/ microsoft iliyopo Nairobi waone moto wa usa.
 
...OMG,

Hii yote inalazimishwa na hali ya debt to GDP ratio kuwa kubwa sana, hivyo basi serikasli imefikia level ya kutokopesheka tena. Serikali inatafuta namna ya kuraise pesa ya budget. Nimeona na KPA hapo ktk list, nadhani wanunuzi wa mashirika mengi watakua ni waChina.
 
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