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Originally published by Capital Businessbusiness
July 30, 2026
4h ago
Ugandan officials join KPC Board after UNOC acquires 20pc stake

The new directors are Ramathan Ggoobi, Uganda's Permanent Secretary and Secretary to the Treasury, and Irene Pauline Bateebe, Permanent Secretary at the Ministry of Energy and Mineral Development...
✨ Key Highlights
Two Ugandan officials have been appointed to the Kenya Pipeline Company (KPC) Board following the Uganda National Oil Company (UNOC)'s acquisition of a 20.15 percent stake in the firm.
- UNOC's acquisition of 20.15% of KPC for approximately Sh100 billion.
- New board members include Ramathan Ggoobi, Permanent Secretary and Secretary to the Treasury for Uganda, and Irene Pauline Bateebe, Permanent Secretary at the Ugandan Ministry of Energy and Mineral Development.
- This transaction reduces the Kenyan Government's shareholding in KPC to 35 percent.
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