High Court Clears Way for Ruto's Multi-billion Plan
The government has been facing a high-stakes legal battle over plans to sell some state-owned entities, with critics accusing the President Ruto-led administration of being controlled by the IMF...
✨ Key Highlights
The High Court of Kenya has upheld the Privatisation Act, 2025, clearing the way for the government to sell stakes in state-owned enterprises, including Kenya Pipeline Company Limited (KPC).
- Justice Bahati Mwamuye dismissed petitions challenging the law, allowing the sale of shares in strategic state-owned firms to proceed.
- Petitions argued the sale was unconstitutional and influenced by the International Monetary Fund (IMF), citing KPC's 2024 profit of Ksh6.87 billion and Ksh7 billion in dividends.
- The petitioners claimed selling KPC would violate public finance laws and compromise national sovereignty and energy security.
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High Court Upholds Privatisation Act, Clearing Sale of State Firms Including KPC - February 2026
The High Court in Kenya has dismissed petitions challenging the Privatisation Act, 2025. This ruling clears the way for the government to proceed with the sale of stakes in major State-owned enterprises. The decision specifically paves the way for the proposed privatization of the Kenya Pipeline Company Limited (KPC). The court's upholding of the act allows the government to move forward with its multi-billion plan to sell stakes in various state firms.
