Kenya starts privatization of 11 state-owned firms to raise revenue

NAIROBI, Nov. 27 (Xinhua) -- The Kenyan government on Monday initiated the privatization process for 11 state-owned firms, aiming to boost revenue and enhance private sector involvement across multiple sectors.

Privatization and restructuring align with efforts toward fiscal consolidation and fostering economic growth, the National Treasury and Economic Planning said in a statement.

Among the entities sla