Time for drastic parastatal reform – Uhuru

July 26, 2013 2:25 pm
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President Kenyatta was speaking on Friday at State House Nairobi when he launched the 10-member taskforce on the parastatal sector/CFM
President Kenyatta was speaking on Friday at State House Nairobi when he launched the 10-member taskforce on the parastatal sector/CFM
NAIROBI, Kenya, Jul 26 – The government has embarked on the most drastic restructuring of parastatals in the country’s history to boost their efficiency and effectiveness, President Uhuru Kenyatta has said.

The president said parastatals must avoid duplication of roles and deliver effective services to the people of Kenya. He said the country has more than 200 State corporations and they must play an effective role in national and county governments.

“We are focusing on widespread reforms that will infuse new life to our parastatals,” he indicated.

President Kenyatta was speaking on Friday at State House Nairobi when he launched the 10-member taskforce on the parastatal sector.

“We expect the taskforce to propose the best practices that will ensure that parastatals serve the purpose of promoting the economic agenda of the country,” the president said.

He disclosed that nearly half of the parastatals rely on the National Treasury for salaries and operations, a situation President Kenyatta said is unsustainable.

He urged the taskforce to make recommendations that will transform State corporations and give them the momentum to achieve their huge potential.

The president appointed the taskforce early this week to review parastatal policies, identify challenges and propose a new policy direction for State corporations. It comprises members of the private and public sector.

They are Abdikadir H. Mohamed (Executive Office of the President), Kamau Thugge (National Treasury), Mugo Kibati (Vision 2030), Korir Sing’oei (Deputy President’s Office), Stella Kilonzo (Private Sector), Angalie Mediratta (private sector), Isaac Awuondo (Commercial Bank of Africa), Nelson Kuria (CIC Group), Carole Kariuki (KEPSA) and Edward Burbidge (Burbidge Capital Ltd).

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