Following the Cabinet meeting held at the Kakamega State Lodge under the leadership of President William Ruto, the government has revealed a raft of decisions that will see over 40 state corporations merged into almost half the number.
These reforms have been necessitated by increasing fiscal pressures arising from constrained government resources, the demand for high-quality public services, and the growing public debt burden.
”Many State Corporations have struggled to meet their contractual and statutory obligations, leading to an accumulation of pending bills amounting to KSh94.4 billion as of March 31, 2024.”
List of State Corporations to be merged
- University Fund
- Higher Education Loans Board
- Kenya Tourism Board
- Tourism Research Institute
- Export Processing Zones Authority
- Special Economic Zones Authority
- Anti-Counterfeit Authority
- Kenya Industrial Property Institute
- Kenya Copyright Board
- Kenya Industrial Research and Development Institute
- Kenya Industrial Estates
- Agricultural Finance Corporation
- Commodities Fund
- Kenya Forest Service
- Kenya Water Towers Agency
- Agricultural Development Corporation
- Kenya Animal Genetic Resource Centre
- National Irrigation Authority
- National Water Harvesting and Storage Authority
- Kenya Law Reform Commission
- National Council for Law Reporting
- Tourism Promotion Fund
- Tourism Fund
- Commission for University Education
- Technical and Vocational Education and Training Authority
- Kenya National Qualifications Authority
- Kenya Rural Roads Authority
- Kenya Urban Roads Authority
- Kenya Investment Authority
- Kenya Export Promotion and Branding Agency
- Water Services Regulatory Board
- Water Regulatory Authority
- Regional Center on Ground Water Resources, Education, Training and Research
- Kenya National Trading Corporation
- National Cereals & Produce Board
- Uwezo Fund
- Women Enterprise Fund
- Youth Enterprise Development Fund
- Kenya Medical Research Institute
- Kenya Institute of Primate Research
- Kenya Plant Health Inspectorate Service
- National Bio-Safety Authority
- Agriculture and Food Authority
Corporations for shutdown
- Kenya Tsetse Fly and Trypanosomiasis Eradication Council
- Kenya Fish Marketing Authority
- Centre for Mathematics, Science and Technology Education in Africa
- President’s Award – Kenya
- Nuclear Power and Energy Agency
- Kenya National Commission for UNESCO
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- Kenya Film Classification Board
- National Council for Nomadic Education
- LAPSSET Corridor Development Authority
Corporations for divesture to private sector/ dissolution
- Numerical Machining Complex
- Scrap Metal Council
- Kenya Fishing Industries Corporation
- Jomo Kenyatta Foundation
- Pyrethrum Processing Company of Kenya Ltd
- Kenya National Shipping Line
- School Equipment Production Unit
- Kenya Yearbook Editorial Board
- Kenya National Assurance Company
- Coast Development Authority
- Ewaso Ng’iro South Development Authority
- Ewaso Ng’iro North Development Authority
- Kerio Valley Development Authority
- Lake Basin Development Authority
- Tana and Athi Rivers Development Authority
- Kenya Post Office Savings Bank
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