Ruto sets September deadline for KPC listing

President William Ruto, Defence Cabinet Secretary (CS) Soipan Tuya (left) , Treasury CS John Mbadi (second left) and Chairperson Nairobi Securities Exchange (NSE) Kiprono Kittony (right) arrive for the bell-ringing to celebrate the listing of the Linzi Asset-Backed Security, the first of its kind in Kenya at Nairobi Securities Exchange, Nairobi.

Photo credit: PCS

The government will sell part of its stake in Kenya Pipeline Company (KPC) and list the firm on the Nairobi Securities Exchange (NSE) before September this year, President William Ruto said.

Dr Ruto on Wednesday said the structuring of the initial public offering (IPO) was being finalised by the Privatisation Commission before being presented to the Cabinet for approval.

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