Privatization Commission issues notice on Kenya Pipeline sale
 NAIROBI, Kenya, Oct 9 - The Privatization Commission has issued a formal notice detailing the government’s planned sale of its 65 percent stake in Kenya breaking news | Kenya news today |..
✨ Key Highlights
The Privatization Commission officially announced the Kenyan government's plan to sell a 65 percent stake in the Kenya Pipeline Company (KPC), following approvals from the National Assembly, National Treasury, and the Cabinet.
- The government projects to raise approximately Sh100 billion from the sale.
- The Privatization Commission stated the sale aims to empower ordinary Kenyans with ownership, promote economic growth, and strengthen transparency.
- The government will retain a 35 percent shareholding in KPC, with the divested stake offered to the public via a stock market listing.
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Kenya Plans Privatization of KPC and Passes New Cryptocurrency Law - October 2025
The Kenyan government plans to sell a 65 percent stake in the Kenya Pipeline Company (KPC), with the Privatization Commission issuing an official notice following approvals from the National Assembly, Treasury, and the Cabinet. The company is set for privatization through an Initial Public Offering (IPO) on the Nairobi Securities Exchange by March 31, 2026. This move is intended to allow public share ownership and raise funds for the 2025/2026 budget. Separately, Kenya's Parliament passed the Virtual Asset Service Providers Bill, 2025. This landmark legislation establishes the country's first comprehensive regulatory framework for cryptocurrency businesses. The law aims to license and supervise crypto operations by integrating them under existing institutions, rather than creating a new regulatory body.
