ADVOKS GLOBAL · KENYA
Government Owned Enterprises Act
5. Role of the Cabinet Secretary
Edition: 2025-11-27 · In force
5. Role of the Cabinet Secretary
(1)The Cabinet Secretary shall be responsible for—(a)determining, based on the criteria set in section 8(3), whether a proposal for the establishment of Government Owned Enterprises merits consideration and approval by Cabinet;(b)holding shares in Government Owned Enterprises in trust for the national government;(c)nominating, through a structured, transparent and competitive search and selection process, persons to be appointed as independent directors of the Government Owned Enterprises, through an independent search and selection panel;(d)entering into performance contracts with Government Owned Enterprises based on key performance indicators and agreed performance targets;(e)designing and implementing a performance incentive system for Boards of Directors of Government Owned Enterprises;(f)establishing a remuneration system for Boards of Directors of Government Owned Enterprises;(g)carrying out performance evaluation of Government Owned Enterprises; and(h)assigning, where necessary, Public Service Obligations to Government Owned Enterprises after approval by Cabinet.(2)The Cabinet Secretary shall, from time to time, and not less than once a year, publish in the Kenya Gazette and on the National Treasury website a list of Government Owned Enterprises.