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July 23, 2025
1y ago

Kenya Pipeline Company to List on NSE by September - Ruto

Kenya Pipeline Company to List on NSE by September - Ruto

The listing is part of the strategy to privatise state-owned enterprises...

✨ 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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Part of the Day's Coverage

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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