Uganda spent over Sh30 billion to acquire the 20.15 percent stake in KPC.
By
Dominic Omondi
Business Reporter
Nation Media Group
The Ugandan government has appointed directors to the board of Kenya Pipeline Company (KPC) Plc, reviving the stalled recruitment of the firm's chief executive under a new charter that gives Kampala veto powers over the hiring and firing of the company's next boss.
For decades, KPC has been treated as critical national infrastructure, controlling the transportation and storage of fuel…
As of December 2025, KPC and the Kenya Petroleum Refineries Limited (KPRL), a subsidiary of the pipeline company, had a total…
Uganda has gained board seats and veto powers at KPC, raising concerns over Kenya's control of its strategic fuel transport…
KPC faces a governance dispute after petroleum workers asked the Capital Markets Authority to stop the recruitment of a new…
The government completed the sale in March, raising Sh106.3 billion after selling a 65 percent stake in KPC through an…
Rina Hicks, Operations Director at Faida Investment Bank, the lead adviser to the KPC offer, joins Make Money to dissect the…
