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July 30, 2025
22h ago

Ruto’s KPC Privatisation Plan Sparks Public Outrage

Ruto’s KPC Privatisation Plan Sparks Public Outrage

Kenyans have alleged a hidden agenda in the company's privatisation...

✨ Key Highlights

President William Ruto's plan to privatize the Kenya Pipeline Company (KPC), through listing its shares on the Nairobi Securities Exchange (NSE), has ignited public outrage. The Motorists Association of Kenya (MAK) strongly opposes the move, citing a lack of transparency and potential threats to a vital national asset.

  • The privatization was approved by the Cabinet, with shares expected to be listed by September 2025.
  • The Motorists Association of Kenya (MAK) released a statement on Wednesday, July 30, highlighting concerns over the lack of Parliamentary debate, public participation, and stakeholder engagement.
  • MAK alleges a hidden agenda, fearing shares will go to "profiteering privateers, foreigners, and well-connected locals."
  • The government states privatization aims to enable the private sector to drive "growth, efficiency, and innovation," citing KenGen's partial privatization as a success.
  • Other entities slated for privatization include Kenya Literature Bureau (KLB) and National Oil Corporation (NOC).

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