Prime

Kenya plans Sh100bn listing of National Oil at NSE, London bourse in 2019

Motorists fuel at the National Oil petrol station in Nyeri on August 5, 2015. FILE PHOTO | NMG

By  REUTERS

Kenya plans to raise $1 billion (Sh100 billion) by listing its National Oil Corporation at home and on the London Stock Exchange by early 2019.

The country also intends to buy a share of two oil blocks held by Tullow and its partners, a senior government official said on Wednesday.

PAYE Tax Calculator

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

Get it First!

Stay up to date on the editors' picks of the week.

Latest

  1. Africa Credit Rating Agency success rests on quality of its data

  2. PRIME How Kenya can protect sugar sector

  3. PRIME IFC lends Sh1.3 billion to Mombasa medical device firm

  4. PRIME Unease over 'unclear' CBK rules on distribution of repaid loans

In the headlines

View All