The Cabinet has sanctioned privatisation of six State Owned Enterprises (SOE) in the ongoing programme which kicked off last year. The five other SOEs set for sale are Kenya Safari Lodges and Hotels Limited, Golf Hotel Limited , Sunset Hotel Limited, Mt. Elgon Lodge Limited and Kabarnet Hotel Limited. The privatisation of the hotels and lodges is expected to stimulate growth in the hospitality industry through private investments. The hotel operates three outlets including Mombasa Beach Hotel, Ngulia Safari Lodge and Voi Safari Lodge.

Source: Daily Nation February 14, 2024 13:16 UTC