The Privatisation Authority said in a statement on Monday, June 14, it was reviewing its strategic plan of 2023 to 2028 to achieve its mandate of among others implementing the Privatisation Programme, advising the government on privatisation matters, and facilitating the implementation of government policies on privatisation.
Formerly called Privatisation Commission, the agency has also unveiled a new brand identity, including a logo, as part of efforts to enhance its corporate image while also aligning it with the Privatisation Act 2023, which was enacted in October 2023. The Act, among other things, established the Privatisation Authority in place of the Privatization Commission.
Speaking during the launch in Nairobi, Privatisation Authority Managing Director and chief executive Dr. Joseph Koskey, said the reviewed strategic plan (2023-2028) will guide the authority on implementating the Privatisation Programme in a transparent, collaborative and competitive manner, to achieve the desired national objectives.
“The plan has taken into consideration past accomplishments, lessons learnt and challenges faced in the implementation of the previous plan, expectations of stakeholders, recent technological innovations, and emerging global and local issues affecting the operating environment,” Dr. Koskey said.
Privatisation Authority Board Chairman, Mr. Faisal Abass on his part emphasized that the plan would position the government agency strategically to effectively execute its mandate and ensure that it becomes a “premier agency”.
“The new brand identity affirms the Authority’s commitment to its mission and values by recognizing that privatisation is a collaborative process requiring stakeholder buy-in at every stage,” Abass said.
The Principal Secretary of the National Treasury Dr. Chris Kiptoo, said the new plan will ride on strategic partnerships and collaborations and is aimed at addressing potential bottlenecks in implementing the Privatisation Programme and accelerating progress towards achieving the outlined objectives.
“Impact of privatisation goes beyond financial contributions, as it facilitates the reduction of demand for government resources from privatised entities. This ensures optimal allocation of resources and enhances the overall efficiency and sustainability of public services and projects,” Dr. Kiptoo said.
He added that the new brand identity symbolises the authority’s “openness to collaborate and to work with different stakeholders” to facilitate a smooth privatisation process.
