The National Treasury and Economic Planning has announced vacancies in a move aimed to fast track the government’s privatization drive.
In a notice, treasury announced vacancies in the Board of the Privatization Authority, indicating that it was already in the process of recruitment.
Further, the Treasury CS John Mbadi has invited interested and qualified candidates to apply for the four advertised vacancies.
“The National Treasury & Economic Planning is in the process of recruiting members of the Board of the Privatization Authority
“The Privatization Act provides that the Board shall comprise four (4) other persons, not being public officers, appointed by the Cabinet Secretary through a competitive process,” the announcement read in part.
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Qualifications for the Board Positions
Interested candidates should have a degree in either economics, accounting, finance or any other relevant degree.
Additionally, they should possess 10 years of work experience at senior management levels in a relevant field.
Also, the treasury requires the candidates to be of high integrity.
“Interested candidates for the position of a member of the Board of the Privatization Authority must be a person of high integrity and should satisfy the requirements of Chapter Six of the Constitution of Kenya.
“Each possessing a degree in either economics, accounting, finance or any other relevant degree from a recognized institution and having ten years of work experience of which five shall be at senior management level in a relevant field,” the notice explained.
The board members will be charged with facilitating the implementation of government policies on privatization.
These include the implementation of government policies on privatization, implementing the privatization program, and implementing specific privatization proposals in accordance with the privatization program.
In addition, the board members will collaborate with other organizations, within or outside Kenya, as it may consider appropriate in furtherance of the objects of Privatization Act and prepare long-term divestiture sequence plan.
Other roles assigned to the board include monitoring and evaluating the implementation of privatization programs in Kenya, taking such measures as are necessary to ensure that the provisions of the Privatization Act are complied with, and performing any other functions under the Act or any other legislation as may be conferred, from time to time, on the Authority.
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Treasury Explains How to Apply
Interested candidates should submit a detailed curriculum vitae, with at least 3 referees and their contacts, including telephone contacts, a copy of the National Identity Card, and clearance from Kenya Revenue Authority (Tax Compliance Certificate).
Moreover, they ought to submit a clearance from the Ethics and Anti-Corruption Authority, a clearance from the Directorate of Criminal Investigations (Current Certificate of Good Conduct), Clearance from Higher Education Loans Board (HELB); and Clearance from a registered Credit Reference Bureau (CRB).
The notice further emphasized that applicants should not be serving public servants. Applications in plain sealed envelopes, stating the referenced position on top, should be posted to
“Principal Secretary
The National Treasury
Treasury Building, Harambee Avenue
P.O. Box 30007-00100
NAIROBI”
In November 2023, the government through the National Treasury listed eleven state owned parastatals in the new privatization drive including KICC.
Among the companies proposed for sale include the Kenya Pipeline, Kenya Literature Bureau, Kenyatta Interantional Convention Center (KICC), National Oil Corporation of Kenya and Kenya Seed Company.
Further, Mwea Rice Mills, Western Kenya Rice Mills, New Kenya Corporative Creameries, Kenya Vehicle Manufacturing, Rivatex East Africa Limited and Numerical Machining Complex were also listed in the privatization drive.
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