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Originally published by The Standard BusinessAugust 6, 2025
2d ago
Broke Treasury speeds up KPC sale in bid to raise Sh100b
The cash-strapped National Treasury is aggressively pushing for the rapid sale of a stake in the state-owned Kenya Pipeline Company (KPC)...
✨ Key Highlights
The cash-strapped National Treasury is accelerating the sale of a stake in the state-owned Kenya Pipeline Company (KPC) to raise an estimated Sh100 billion for the national budget.
- The targeted proceeds are approximately Sh100 billion.
- The key organization involved is the Kenya Pipeline Company (KPC).
- The sale is being expedited due to the Treasury's current financial difficulties.
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