SIBO Water and Sanitation Company Limited (SIBOWASCO) was established as a Private limited liability Company limited by guarantee on 14th June 2006 under the Companies Act (Cap. 486) of the Laws of Kenya.
On 27th June 2006 the Company was contracted through a Service Provision Agreement (SPA) by Lake Victoria South Water Services Board (LVSWSB) to provide water and sanitation services to the residents of Siaya and Bondo and the surrounding towns.
SIBOWASCO is fully owned by the Government of Kenya through shareholding of 5,000 shares drawn from seven Councils as detailed below:-
Siaya Municipal Council (1263), Siaya County Council (605), Bondo Municipal Council (647), Bondo County Council (414) , Yala Town Council (774), Ugunja Town Council (645) and Ukwala Town Council (651). The shareholding is expected to be reviewed with the inclusion of Asembo-Ndori Water project.
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