The government is considering buying a 20 per cent stake in capital-intensive industries initiated by the private sector in a bid to derisk the entities.
A budget of Sh20 billion to the Kenya Development Corporation (KDC) has been suggested by President William Ruto to facilitate this plan as his administration seeks to boost industrial growth in the country.
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The government is considering buying a 20 per cent stake in capital-intensive industries initiated by the private sector in a bid to derisk the entities.
Follow The Standard
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By Graham Kajilwa