The Fight Inequality Alliance Kenya (FIA Kenya) believes that privatization driven by debt and austerity, threatens the social and economic fabric of the nation,thus urge the government to halt the sale of public assets and put the needs of ordinary Kenyans ahead of external loan conditions therefore the IMF and World Bank should stop pushing privatization as a solution to economic troubles.
Speaking during a media briefing at a Nairobi hotel FIA Kenya National Coordinator Brenda Osoro said Kenya's Public Debt As of October 2025 is at Ksh 11.8 trillion,more than 65% of GDP. More than half of all tax revenue (65.5%) goes toward debt repayment.The National Coordinator has called on the government to adopt Sustainable alternatives to privatization such as abolishment of tax incentive,taxes on wealth.
According to Brenda Osoro continued pressure from the IMF and World Bank for Kenya to privatize key public services as part of structural adjustment programs.Kenya must invest more in public services, not sell them. FIA Kenya champions economic justice, public ownership, and dignity for all Kenyans,The partial privatization of Kenya Airways and Telkom Kenya resulted in debt, layoffs, and later government bailouts.
The President of Kenya signed the Privatization Bill into law in October 2025 marking a major turning point for the country's economic direction. The new legislation streamlines the process for selling or transferring state assets, including more than 30 state-owned enterprises in ports, energy, agriculture, transport, and water services.
