Privatisation Authority unveils its 5- year plan and new brand identity

By Isaac OGANGA

The Privatisation Authority has reviewed its Strategic Plan 2023 – 2028 to enable it 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 known as the Privatisation Commission, the Authority has also unveiled a new brand identity, including a logo, as part of efforts to enhance its corporate image.

The rebranding of the Privatisation Commission to Privatisation Authority is in line 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/CEO Dr. Joseph Koskey, noted that the reviewed Strategic Plan (2023-2028) will guide the Authority to implement the Privatisation Programme in a transparent, collaborative and competitive manner, to achieve the desired national objectives.

Dr. Koskey said 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.

Privatisation Authority Board Chairman, Mr. Faisal Abass on his part emphasized that the Plan positions the Authority strategically to effectively execute its mandate and ensure that the Authority becomes a Premier Privatisation Agency. He also noted that 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.

The Principal Secretary of the National Treasury Dr. Chris Kiptoo, CBS noted that the Strategic Plan emphasised the seamless implementation of the Privatisation Programme through strategic partnerships and collaborations.

These measures are aimed at addressing potential bottlenecks in implementing the Privatisation Programme and accelerating progress towards achieving the outlined objectives. He then highlighted that the 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 also noted that the new brand identity unveiled for the Authority symbolises the Authority’s openness to collaborate and to work with different stakeholders to facilitate a smooth privatisation process.