Treasury CS John Mbadi/photo file
Treasury fast-tracks KPC stake sale to raise Ksh100 billion amid budget crisis
The National Treasury has accelerated plans to sell a majority stake in Kenya Pipeline Company (KPC) as it seeks to raise Ksh100 billion to ease mounting financial pressure. The move comes as the government struggles to access funds from development partners and development finance institutions, prompting a shift toward privatization of profitable state corporations. Under…
