Ruto Reveals Negotiations That Convinced Uganda to Acquire KPC Shares
Uganda had insisted on owning more shares than the Kenyan government, a position that risked seeing the deal go through...
✨ Key Highlights
President William Ruto has explained the negotiations that led Uganda to acquire a 21% stake in the Kenya Pipeline Company (KPC), detailing direct discussions with Uganda's President Yoweri Museveni.
- Uganda secured 21% of KPC shares after initial demands for 50%.
- Key individuals involved were President William Ruto and President Yoweri Museveni.
- The agreement was reached during the launch of the Naivasha-Kisumu-Malaba Standard Gauge Railway (SGR) in Kisumu County.
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Ruto Launches Kisumu-Malaba SGR Extension - March 2026
President William Ruto launched Phase 2C of the Kisumu-Malaba Standard Gauge Railway (SGR) in Kisumu County, asserting that his administration's development agenda is progressing despite challenges. Uganda President Yoweri Museveni hailed the launch as crucial for safer and more cost-effective regional trade. Ruto revealed negotiations that led Uganda to acquire a 21% stake in the Kenya Pipeline Company (KPC), detailing direct discussions with President Museveni. The groundbreaking ceremony was presided over by both presidents, marking a significant milestone for Kenya's infrastructure and East African trade.
