Kenya Seeks Public Input on Major Overhaul of State-Owned Enterprises

• Treasury’s proposed bill aims to improve financial performance and reduce political influence
• Move aligns with President Ruto’s public sector reform agenda to cut government spending

Nairobi, Kenya – Kenya’s National Treasury is soliciting public feedback on a proposed law that could fundamentally change how the government manages and oversees its commercial enterprises. The Government Owned Enterprises Bill of 2024 proposes shifting control of over 40 state-owned entities to the Treasury’s direct authority.