The plan to privatize the Port of Mombasa has been put on hold. The Chairman of the Privatisation Commission of Kenya, Professor Peter Kimuyu says the decision has been made in order to allow for building of consensus among the port stakeholders who have opposed the move. Meanwhile, the Dock Workers Union has agreed to halt its strike threat to permit further discussions on the controversial divestiture plan.
Yes certainly. The government should repossess former government enterprises. I insist Kibaki understands how the economy functions more than anybody else in government. Give credit where it is due.
Savai333 2 years ago
many governments are privatizing ports in a 50/50 arrangement. KPA cannot privatize the entire port because of national security issues.
It is not the workers who are inept nor management. But the entire infrastructure. A port that can only be served by a 6% operational rail capacity (as opposed to 75%) in many other countries, is a sign of an inefficient infrastructure.
nubian12201 2 years ago
Kibaki understands the economy? Ati he should repossess former government enterprises? Does this include Railways? Kenya Power? KENGEN? All these enterprises KIBAKI has shares in - he co-owns these businesses. So you think he understands the economy? You think he is interested in repossessing??? Why are Kenyans so BLIND? You mean you went to school and do not know that Kibaki partly owns Kenya Power? KENGEN? Kenya Railways? Where have you been???
edenskid 2 years ago
Good decision because this would have changed the pot into a jua kali entity. It was easy to see that the politicians singing the port privatization song had only one zeal: How to lay their hands on the port revenue? The port is a public good. President Kibaki, who understands the Kenyan economy better than any politician in Kenya today, should repossess all former government enterprises that were privatized as a result of wrong, inexperienced and mediocre advice from so-called expatriates.
Savai333 2 years ago
These workers know they will be fired in no time for their ineptitude if port adm/mgt is privatized!
siasabora 2 years ago