The government of Kenya has been adopting the policy of privatisation of firms. Discuss some of the benefits that the Kenyan people reap from this policy

Benefits of privatization

• Kenyans enjoy improved products and services due to research carried out by privatised firms
• The spirit of competition enhances good management hence efficiency
• Consumers enjoy fair prices of products and services due  to minimal wastes if any.
• Privatisation calls upon many firms entering the market leading to product diversity    hence Consumers have a wide variety to choose from.
• Due to stiff competition, privatised firms engage in aggressive sales promotion methods which keep consumers informed of the products in the market.
• The need for greater profits makes them engage in risky projects which may be  of great importance to the consumers.