Nairobi, Dec. 5 -- Treasury Cabinet Secretary John Mbadi says the government is reviewing its shareholding in several State-owned enterprises but has yet to decide whether to follow the National Social Security Fund (NSSF) in offloading its stake in East African Portland Cement (EAPC).
Mr Mbadi said the Treasury is assessing its investments in commercial State corporations to determine which ones are "mature enough" for privatisation.
However, he said no conclusion has been reached on Portland Cement.
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"No, we haven't," he told the Business Daily on Friday when asked whether the Treasury intends to sell its stake in EAPC.
"We are reviewing all our stakes in the state-own...
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