Head of the Public Service Felix Koskei, on Thursday, met with a technical team from the National Treasury to discuss the operationalisation of the Government Owned Entities Act.
The discussions focused on strengthening governance, oversight, and performance across state-owned institutions.
During the briefing, participants reviewed the institutional framework of the Act, governance and oversight mechanisms, performance management considerations, and the level of preparedness required across government to support a smooth transition.
The team highlighted the importance of aligning systems, enhancing capabilities, and improving organisational readiness to implement the law effectively without disrupting public service delivery.
“This afternoon, I was briefed by a technical team from the National Treasury on the operationalisation of the Government Owned Entities Act,” Koskei said.
“The briefing focused on governance and oversight implications, performance management considerations, and the level of preparedness required across government to support a seamless transition.”
The meeting was attended by Principal Secretary for Public Investment and Assets Management Cyrell Wagunda Odede, along with other senior government officials.
Participants discussed strategies to ensure that government entities comply with the Act’s provisions. These strategies include restructuring boards, aligning operational systems, and building the capacity of personnel.
Passed in November 2025, the Government Owned Entities Act provides a legal framework for managing state-owned enterprises.
The law outlines governance, performance, and ownership structures for Government-Owned Enterprises (GOEs) and defines the public service obligations these institutions must fulfil.
The Act aims to modernise governance, separate commercial operations from public service obligations, and strengthen accountability, transparency, and performance management across all state-owned entities.
It also seeks to ensure that GOEs operate efficiently, transparently, and in line with national development priorities.
By establishing governance guidelines, the law is expected to enhance accountability in the management of public resources.
The Act identifies 65 key state-owned enterprises for potential privatisation as part of efforts to boost efficiency. Among the entities mentioned are the Kenya Literature Bureau, National Oil Corporation of Kenya, Kenya Seed Company Limited, Rivatex East Africa Ltd, Kenyatta International Convention Centre (KICC), and New Kenya Cooperative Creameries (New KCC).
Koskei emphasised that successful implementation of the Act would require coordinated efforts across ministries and agencies to maintain uninterrupted service delivery. He urged government institutions to prioritise readiness, adopt best practices, and ensure all systems align with the new governance requirements.
Officials said follow-up engagements will be conducted to monitor progress and provide guidance to ensure full compliance with the Act.
The briefing is seen as a milestone in the government’s ongoing reforms of public institutions, highlighting a renewed focus on professionalism, accountability, and efficiency in managing state-owned enterprises.
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