Government Heightens The Privatization Of Kenya Meat Commission

Kenya Meat Commission to be sold to private investors by the Ministry of Agriculture. This is a resolve reached to enable the government raise capital to revive the needy parastatal.

The Cabinet Secretary for Agriculture, Mr Mwangi Kiunjuri says that the State is no longer willing to channel more finances into a loss-making entity. He added that the process of selling it will commence next week and a task force will be put in place to come up with a plan to privatise the sector. Kiunjuri notes that a lot of money has previously been put in to revive the firm but there has not been any tangible results. “We are going to privatise Kenya Meat Commission. We are in the process and we are setting up a task force next week, which will comprise officials from the Privatisation Commission.” This was said by Mr Kiunjuri in a news conference on Wednesday.

The Principle Secretary for Livestock, Harry Kimtai said privatisation of the firm will make it economical viable and boost export of animal products from Kenya to other countries. “We have four international slaughterhouses and we are also building additional ones in four Counties. In total, we are going to have eight export slaughter houses. KMC has had its fair share of challenges which might not be addressed in any other way than through privatisation,” said Kimtai.

Kenya Meat Commission which is based in Athi River will now be added to the list of other 26  government parastatals that have been by the Privatization Commission for sell to strategic investors.