Home Business Treasury says 18 State firms face Sh382 billion financial shortfall

Treasury says 18 State firms face Sh382 billion financial shortfall

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Kenyan Wall Street | by Jackson Okoth


The National Treasury has said that some 18 state-owned enterprises will have liabilities that exceed assets, totalling KSh 382 Billion over the next five years.

In a sample study, National Treasury grouped the state firms into profitable service providers-which include Kenya Ports Authority, Kenya Pipeline Company…

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