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Kenya, which passed a revised privatisation bill recently, is facing many challenges including depleted government coffers.
Kenya’s President William Ruto said on Thursday the government was poised to privatise 35 state companies and was looking at a further 100 firms after enacting a revised law last month to cut down on bureaucracy.
“We have identified the first 35 companies that we are going to offer to the private sector,” Ruto told a gathering of African stock market officials in Nairobi.
The law makes it easier to sell state enterprises to private companies and aims to push up…
