The New Era of Government-Owned Enterprises in Kenya: Governance Reform and the Expanding Role of Certified Secretaries

Government-Owned Enterprises

Kenya has entered a defining moment in the governance of its public commercial institutions with the enactment of the Government Owned Enterprises Act. The Act represents one of the most significant structural reforms in the management of state-owned commercial entities in recent history. The Act presents a governance reset. It shifts Government-Owned Enterprises (GOEs) from traditional bureaucratic state corporation models into commercially prudent public companies governed under the Companies Act.

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