Sharp Daily
No Result
View All Result
Friday, July 11, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

High court declares privatization act 2023 unconstitutional

Teresiah Ngio by Teresiah Ngio
September 25, 2024
in News
Reading Time: 1 min read

In a landmark ruling on Tuesday, the High Court in Nairobi declared the Privatization Act 2023 unconstitutional, highlighting significant loopholes in the legislation that undermined public participation. Justice Chacha Mwita emphasized that the Act lacks the necessary framework for meaningful public engagement before its enactment, affirming the court’s commitment to upholding constitutional rights.

The decision came in response to a lawsuit filed by the Orange Democratic Movement (ODM), which argued that the public was denied an opportunity to express their views on the Act. The court underscored the importance of public involvement, stating, “The Constitution is the supreme law, and public involvement in participation is essential. The National Assembly does not do the public a favor by inviting them to engage.” This ruling underscores the judiciary’s role in safeguarding democratic processes and ensuring transparency in government actions.

Additionally, the court ruled that the Kenyatta International Convention Centre (KICC) is a national monument and an integral symbol of Kenya’s cultural heritage. The proposed sale of KICC was deemed unconstitutional, as it would violate both constitutional and cultural rights. Justice Mwita remarked, “KICC is a national monument that requires protection, and the decision to privatize it is unconstitutional, null, and void.”

The ODM party had previously challenged the government’s decision to privatize six out of eleven parastatals, including significant entities like the Kenya Pipeline Company (KPC) and New Kenya Cooperative Creameries Limited (New KCC). Through advocate Jackson Awele, ODM argued that such privatization initiatives require public consent via a referendum, given that these assets constitute a part of Kenya’s sovereign wealth and hold considerable cultural and strategic significance.

RELATEDPOSTS

KICC to unveil KES 100 million dancing water fountains in Nairobi

March 14, 2025

Court rules against criminalizing suicide attempts in Kenya

January 10, 2025
Previous Post

Fintech pioneer M-KOPA surpasses 5 million users

Next Post

Impeachment motion filed against Kericho governor Mutai

Teresiah Ngio

Teresiah Ngio

Related Posts

Business

Del Monte foods files for bankruptcy in USA

July 3, 2025
News

Private vs Public Pension Funds in Kenya

June 30, 2025
Investments

Investor shift to long term bonds drives oversubscription in CBK’s reopened auction

June 19, 2025
News

The real price of Israel – Iran Conflict for Kenya.

June 19, 2025
Economy

Resilient but strained: Kenyan firms speak out in May 2025 CEO survey.

June 19, 2025
News

Co-op Bank posts KES 6.9 billion profit in Q1’2025

May 16, 2025

LATEST STORIES

Why Employers Should Prioritize Pensions Over One-Time Gratuity Payments

July 10, 2025
Business and Finance Concept - Coin, Currency, Financial Item, Graph,

Opinion: Why lower taxes may be Kenya’s only escape route

July 10, 2025

Nvidia becomes the first company globally to hit USD 4.0 trillion market value

July 10, 2025

Privatization in Kenya: A new dawn for capital markets and fiscal stability

July 10, 2025

How Kenya is future-proofing its economy against illicit finance

July 9, 2025

The importance of Investment Policy Statements (IPS) for pension schemes in Kenya

July 4, 2025

Understanding Life Cover as an Additional Benefit in Retirement Benefit Schemes

July 4, 2025

Del Monte foods files for bankruptcy in USA

July 3, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024