President Ruto Urges Kenyans to Invest in Kenya Pipeline, Safaricom IPOs, dismisses critics
President Ruto emphasized that the IPOs were transparently undertaken under the supervision of CMA, ensuring fairness and accountability. - Kenya breaking news | Kenya news today | Capitalfm.co.ke..
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President William Ruto encouraged Kenyans to invest in the Kenya Pipeline Company (KPC) and Safaricom Initial Public Offers (IPOs), dismissing critics of the process. He emphasized the transparency and regulatory oversight by the Capital Markets Authority (CMA).
- President Ruto urged Kenyans to become shareholders in two key companies to promote wealth creation.
- The IPOs were discussed during a public engagement with Affordable Housing Program interns last Friday.
- The President reaffirmed that the IPOs comply with legal and regulatory requirements, aiming to broaden ownership and offer investment opportunities in strategic sectors.
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President Ruto Appoints Ida Odinga as Ambassador and Promotes KPC, Safaricom IPOs - January 2026
President William Ruto made a significant governmental appointment by nominating Ida Betty Odinga, wife of former Prime Minister Raila Odinga, as Kenya’s Ambassador and Permanent Representative to the United Nations Environment Programme (UNEP). This appointment was made in acknowledgment of her service to women’s education and empowerment. Following this announcement, the Odinga family called for an emergency family meeting. In a separate development, President Ruto encouraged Kenyans to invest in the Initial Public Offers (IPOs) for the Kenya Pipeline Company (KPC) and Safaricom. He dismissed critics of the process and emphasized that it was being handled with transparency and under the oversight of the Capital Markets Authority (CMA).
