KPC shares set to list at NSE in January, says Ruto
NAIROBI, Kenya, Jan 6 - Shares of the Kenya Pipeline Company (KPC) are set to begin trading at the Nairobi Securities Exchange (NSE) in January, President Kenya breaking news | Kenya news today |..
✨ Key Highlights
President William Ruto announced that Kenya Pipeline Company (KPC) shares are set to begin trading at the Nairobi Securities Exchange (NSE) in January, signaling progress in the government's privatization agenda.
- The government plans to divest 65 percent of its shareholding in KPC through a public offer, retaining a 35 percent stake.
- The move is expected to raise approximately Sh100 billion to help plug budget shortfalls.
- The public listing will allow ordinary citizens to buy shares and subject KPC to NSE disclosure requirements.
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Kenya Reports Increased Hiring, Soaring Maize Value, and Planned KPC Listing - January 2026
Kenyan firms significantly increased hiring in December due to improved business activity and stronger customer demand, according to the Stanbic Bank Kenya Purchasing Managers’ Index (PMI) report. In the agricultural sector, Uasin Gishu County saw a dramatic 875 percent increase in the value of maize production, reaching Sh85.8 billion last year from Sh8.8 billion in 2020. This surge was primarily driven by a substantial rise in maize output. Alongside these developments, President William Ruto announced that Kenya Pipeline Company (KPC) shares are set to begin trading at the Nairobi Securities Exchange (NSE) in January. This planned listing signals progress in the government's privatization agenda.
