The Cabinet has suspended plans to privatise the New Kenya Co-operative Creameries (New KCC) citing fears of completely leaving the key dairy sector in private hands.
Trade and Industry Secretary Peter Munya said New KCC is a critical State investment that cannot be privatised as it plays an important role in controlling the price of milk in the market, thus protecting consumers against high costs of the commodity.
...
AllAfrica Subscription Content
You must be an allAfrica.com subscriber for full access to certain content.
You have selected an article from the AllAfrica archive, which requires a subscription. You can subscribe by visiting our subscription page. Or for more information about becoming a subscriber, you can read our subscription and contribution overview.
For information about our premium subscription services:
You can also freely access - without a subscription - hundreds of today's top Africa stories and thousands of recent news articles from our home page »
Already a subscriber? Sign in for full access to article