Government Investment and Public Enterprises
Responsible for the Restructuring and Coordination of the Privatization Programme and Public Private partnership initiatives:
Ongoing Transactions:
1. Mumias Secondary offer of 18.04% GoK Shares through the Nairobi Stock Exchange (NSE)
2. Kenya Re - Initial Public Offer (IPO) of 40% GoK Shares through NSE
3. KenGen - Secondary offer of 19% Shares through NSE
4. Kenya Railways Concessioning Concessionaire scheduled to take over operations on November 1st, 2006
5. Kenya Ports Authority (KPA) - Container Terminal Concessioning
6. Telkom Kenya (TKL) - sale of 26% shares to strategic partner and 34% shares through an IPO
7. Safaricom Ongoing negotiations to sell 9% of Telkom Shares to Vodafone
For more information contact:
1. Mrs. Esther Koimett - Investments Secretary
P.O Box 30007 00100 Nairobi, Kenya
Tel. +254 (20) 252299
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2. Solomon Kitungu - Director (Reforms) DGIPE
P.O Box 30007 00100 Nairobi, Kenya
Tel. +254 (20) 252299
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New developments
Operalization of the Privatization Act 2005 and establishment of a Privatization Commission ongoing

