About 90 percent of the top owners of KPC Plc bought their shares through proxies during the firm’s IPO, keeping the identity of the investors anonymous.
By
George Ngigi
Correspondent
Nation Media Group
The National Social Security Fund (NSSF) pumped Sh36.3 billion into the initial public offering (IPO) of Kenya Pipeline Company (KPC), unmasking the identity of the top shareholder who earlier opted to remain secret.
The top 20 shareholders held a 94.27 percent stake in KPC, with nominee accounts of the core owners having a combined 58.5…
Rina Hicks, Operations Director at Faida Investment Bank, the lead adviser to the KPC offer, joins Make Money to dissect the…
The government completed the sale in March, raising Sh106.3 billion after selling a 65 percent stake in KPC through an…
At peak of their dominance in 2021, the top five firms accounted for 81 percent of the NSE’s market capitalisation, the measure…
As of December 2025, KPC and the Kenya Petroleum Refineries Limited (KPRL), a subsidiary of the pipeline company, had a total…
Uganda spent over Sh30 billion to acquire the 20.15 percent stake in KPC.
