State explains why disposal of strategic corporations is necessary to free up funds for reinvestment
The government’s plan to offload 15 per cent of its stake in Safaricom to South Africa’s Vodacom for approximately Ksh204.3 billion ($1.583 billion) is in progress, but it has faced opposition from among others Kiharu Member of Parliament Ndindi Nyoro, who claims the shares have been grossly undervalued.
Trade in Eastern Africa graduates from industrial goods to cross-border electricity integration
Established in 2005, the EAPP has made significant progress towards operationalising the power market, including developing cross-border transmission infrastructure. This has enabled countries to exchange electricity efficiently.
