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HomeDaily NewsWednesday, July 23, 2025Government and Infrastructure Developments
Breaking News & Top Stories2 stories from 1 sources

Government and Infrastructure Developments

CS Chirchir announces resumption of stalled road projects; Kenya Pipeline Company to list on NSE by September.

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News Coverage

Wednesday 7:32 PMKenyansFirst

Construction of Stalled Road Projects to Resume - CS Chirchir

Construction of Stalled Road Projects to Resume - CS Chirchir

The Ministry of Transport has initiated the revival of over 580 road projects that were stalled due to non-payment of contractors, as announced by Transport Cabinet Secretary Davis Chirchir.

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Key Highlights

The Ministry of Transport has initiated the revival of over 580 road projects that were stalled due to non-payment of contractors, as announced by Transport Cabinet Secretary Davis Chirchir.

  • 40 percent of the outstanding payments have been disbursed to contractors, with plans to release another 40 percent soon.
  • Davis Chirchir is the key official addressing this issue and is coordinating with the heads of Kenya Rural Roads Authority (KeRRA), Kenya Urban Roads Authority (KURA), and Kenya National Highways Authority (KeNHA).
  • The Kenya Roads Board has also released Ksh3.68 billion for road maintenance, representing 35 percent of the total funds owed for the financial year.
Wednesday 7:43 PMKenyans

Kenya Pipeline Company to List on NSE by September - Ruto

Kenya Pipeline Company to List on NSE by September - Ruto

President William Ruto announced that the Kenya Pipeline Company (KPC) is set to list its shares on the Nairobi Securities Exchange by September 2025, as part of a broader effort to privatize state-owned enterprises.

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Key Highlights

President William Ruto announced that the Kenya Pipeline Company (KPC) is set to list its shares on the Nairobi Securities Exchange by September 2025, as part of a broader effort to privatize state-owned enterprises.

  • The initial public offering (IPO) is being finalized by the Privatisation Commission and will require Cabinet and Parliamentary approval.
  • Ruto emphasized that privatisation is crucial for eliminating inefficiencies and improving governance in public enterprises.
  • He noted that listing KPC would help fund regional expansion and allow Kenyans to own shares in a key infrastructure company.
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