pipeline
The Treasury Cabinet Secretary, John Mbadi, stated that the privatization of the Kenya Pipeline Company (KPC) was initially proposed during the administration of former President Mwai Kibaki. Mbadi made these remarks during a budget forum held in Meru County on Monday, February 2. Mbadi indicated that Kibaki’s cabinet approved the sale of KPC in 2009, […]
Treasury Cabinet Secretary John Mbadi has addressed public concerns regarding the privatization of the Kenya Pipeline Company (KPC). He stated that the process will not lead to increased fuel costs for consumers. Mbadi made these remarks during an interview on NTV, clarifying the government’s plans for the proceeds from the divestiture. Privatization and Fuel Prices […]
Kenya Pipeline Company (KPC) has stated that it does not believe pending litigation will impede its Sh106 billion initial public offering (IPO). The company asserts that it has resolved significant legal issues and that no court orders currently exist to halt or delay the transaction. Concerns have been raised by some stakeholders regarding ongoing lawsuits […]
Preparations are underway for the Initial Public Offering (IPO) of the Kenya Pipeline Company (KPC) at the Nairobi Securities Exchange (NSE). The transaction, anticipated to be completed by March, is expected to be one of the most significant public listings in Kenya since the 2008 Safaricom IPO. Firms involved in the KPC IPO are projected […]
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