Kenya: Cabinet Shelves Plan to Sell New KCC

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.

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