NSSF reveals Sh38bn stake in Kenya Pipeline after IPO

Kenya Pipeline Company storage facility.

Photo credit: Kenya Pipeline

The National Social Security Fund (NSSF) pumped Sh36.3 billion into the initial public offering (IPO) of Kenya Pipeline Company (KPC), unmasking the identity of the top shareholder who earlier opted to remain secret.

The State-backed pension scheme got a 22.2 percent stake in the freshly listed firm, making it the second-largest shareholder behind the government, regulatory documents seen by the Business Daily show.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.