The National Social Security Fund (NSSF) made a rare sale of Sh837.2 million worth of shares in listed tier-one lender KCB Group in the fourth quarter of last year, reversing some of the recent accumulation of the stock.
Disclosures by KCB show that the State-owned pension fund disposed of 21.63 million shares in the three-month period, cutting its ownership of the lender to 8.39 percent in December from 9.07 percent at the end of September.
