×
App Icon
The Standard e-Paper
Join Thousands of Readers
★★★★ - on Play Store
Download Now

Treasury's Sh100b gamble in Kenya Pipeline sale as jitters mar process

Kenya Pipeline Company storage facilities in Nairobi. [File, Standard]

The government last week set the wheels in motion for the privatisation of Kenya Pipeline Company (KPC), launching what could be the country’s biggest Initial Public Offering (IPO) at the Nairobi Securities Exchange (NSE) in over a decade.

The IPO is also a two-in-one sale, with the Kenya Petroleum Refineries Ltd (KPRL) being part of the sale, which, to some extent, complicates the privatisation process. 

Get Full Access for Ksh99/Week
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Access this article for Ksh5
Already a subscriber? Log in