MPs approve sale of KPC, State to retain 35pc stake

kpc

Kenya Pipeline Company (KPC) petroleum storage facility in the Industrial area, Nairobi. 

Photo credit: File | Nation Media Group

MPs have approved a sessional paper on the privatisation of Kenya Pipeline Company (KPC), where the government will retain a 35 percent ownership in the company.

This, even as opposition MPs vowed to move to the High Court to block the privatisation, claiming an ambush by the Executive.

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