Privatizing Institutions Only Way To Performance. Entire GoK Needs To Be Privatized & Business Experts Left To Manage The Country

Look at the best performing companies in Kenya alongside Government managed firms (Parastatals) the difference is clear. Safaricon, EABL, Devki, are all making profits even in this hard times of Covid 19. KR, KQ, KMC have all been bailed out countless time by taxpayers after years of mismanagement.

Entire GoK needs to be ran like a huge company. Each Ministry should be a Company of sorts., etc and see things run like clockwork.

[SIZE=5]Kenya Airways was privatized. How’s that one going?[/SIZE]

[SIZE=5]Uchumi & Mumias Sugar were privatized. Heard of them lately?[/SIZE]

When you privatize a public organization but the interests remain public, there is no sense of ownership on the part of the shareholders and management, because the majority ownership remains in the hands of a few government shot callers who influence everything from purchases to appointments.

They weren’t 100%

They were just like a dog on leash.

Safaricom is not 100% privatised

I am talking about Kenya Airways. Safaricom is 100% privotazed and hence the performance.

Our shareholding structure changed during the year and is currently comprised of the Government of Kenya (35 per cent), Vodacom (35 per cent), Vodafone (5 per cent) and free float (25 per cent).