Privatisation: Kenya Pipeline Company Ltd launches largest ever IPO and first fully electronic public offer in Kenya’s capital markets history
Anchored by KPC’s strong fundamentals, including revenues of Ksh38.6 billion and after-tax profits of Ksh10.37 billion, for the financial year ended 30 June 2025 and supported by its 1,300-kilometre pipeline network that underpins national energy security and regional trade, the IPO marks a defining step in transforming a profitable state enterprise into a people-owned company while strengthening long-term economic resilience.
Kenya: Trade at Nairobi Coffee Exchange fetches $6.85m as volumes moved rise nearly 100 per cent
The coffee purchased by five companies accounted for approximately 89 per cent of the total market value. In the auction, over 70 per cent of the traded coffee comprised premium AA and AB with grade AA accounting for 36.36 per cent and grade AB 35.31 per cent.
Nairobi like a local: When foreigners touch down in Kenyan capital, they forfeit desire to return to Europe or American
The easiest way to get around is by Uber or Bolt – cab rides start at around 200 Kenyan shillings ($1.50). If you are pressed for time or money, you can book a motorcycle taxi (known as a boda boad) but road accidents are common; wear a helmet.
Health workers blast Nairobi Governor Sakaja as a joker, carefree and ignorant after failing to end three-month-long clinical officers’ strike
Speaking during a press briefing in Nairobi, KUCO National Chair Peterson Wachira expressed deep concern over what he termed as the ‘carefree attitude’ of the county government in addressing the ongoing healthcare inactivity.
Ruto reveals plans to list Kenya Pipeline Company on Nairobi Securities Exchange
Kenya has been seeking new sources of funding since deadly nationwide protests last summer forced it to pursue austerity measures and scrap planned tax hikes worth more than 346 billion Kenyan shillings ($2.68 billion).
