Kenya, Tanzania renew push to sell loss-making state firms
Kenya Power offices in Nairobi. Kenya and Tanzania have renewed the push for sale of inefficient and loss-making parastatals, part of a plan to dodge a drain on the exchequer and tame revenue leakages.
Kenya and Tanzania have renewed the push for sale of inefficient and loss-making parastatals, part of a plan to dodge a drain on the exchequer and tame revenue leakages.
These plans have been backed by the International Monetary Fund (IMF), which has raised concerns over underperforming state corporations.
