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Government and Policy

Ruto’s Greed-Fueled Agenda: How Kenya’s Critical Public Firms Are Falling Prey to a Ruthless Privatization Plot Endangering National Security

BY Steve Biko Wafula · September 20, 2024 02:09 pm

Kenya is witnessing a tragic unraveling of its once stable economy under the leadership of President William Ruto. At the heart of this catastrophic decline is the deliberate mismanagement of crucial state-owned firms, setting the stage for their ultimate privatization by a government motivated solely by greed. These firms, which include Kenya Power, Kenya Seed, Kenya Plant Health Inspectorate Service (KEPHIS), Agricultural Finance Corporation, Kenya Meat Commission, KETRACO, Kenya Ports Authority, Kenya Airports Authority, Jomo Kenyatta International Airport (JKIA), Kenya Railways Corporation, New Kenya Cooperative Creameries (KCC), and several public hotels, are more than just businesses — they are pillars of national security and economic stability. Their potential handover to private interests is nothing short of a betrayal to the people of Kenya, violating both the spirit and letter of the Constitution.

National Security Threats of Privatization

Public firms like Kenya Power, Kenya Railways, and KETRACO play a central role in the country’s infrastructure. Electricity distribution, transportation, and the energy sector directly impact the nation’s ability to operate smoothly and defend its borders. A privatized Kenya Power would put vital energy resources in the hands of a few individuals with profit motives, compromising the entire nation’s power supply, thus making Kenya vulnerable to sabotage. Similarly, privatizing Kenya Railways and KETRACO would place control over the transport and energy transmission grid in the hands of individuals who could care less about national security and more about their profit margins. Privatization would cripple national response mechanisms during emergencies or conflict, as decision-making would shift from government oversight to boardroom deliberations driven by profit.

Read Also: The Rot In Ruto’s Regime: How Disregard For The Rule Of Law Will Ignite Kenya’s Destruction

Ruto’s Greed: The Destruction of Kenya’s Economic Foundations

Kenya’s Constitution emphasizes that public resources should be used prudently and for the benefit of all citizens. Ruto’s approach, however, appears to be centered on undermining these key tenets for personal gain. His policies, often cloaked in the guise of “economic recovery,” are little more than disguised efforts to dismantle Kenya’s public assets for private acquisition. Take Kenya Power, for instance. Instead of strengthening the power supply chain and investing in sustainable energy solutions, Ruto’s government has allowed mismanagement, debt accumulation, and inefficiency to flourish. The result? An energy sector on the verge of collapse, making it ripe for privatization by well-connected elites who have close ties to the administration.

Kenya Seed and KEPHIS: A Grave Threat to Agricultural Stability

Kenya Seed and KEPHIS are vital to the country’s agricultural security, ensuring seed quality, regulating plant health, and maintaining the integrity of Kenya’s agricultural exports. Agriculture remains the backbone of Kenya’s economy, and any compromise in these institutions would endanger food security and national health. A private takeover of Kenya Seed would not only lead to higher seed prices for farmers but could also jeopardize the country’s ability to ensure seed quality, potentially leading to a food crisis. KEPHIS, charged with maintaining plant health standards, could face similar issues if privatized, as private firms are unlikely to prioritize public health or environmental concerns over profits.

The Constitution as a Protector of Public Assets