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Kenya’s court backs 2025 privatisation law, clearing path for KPC sale to public.
Kenya’s High Court has upheld the 2025 Privatisation Act, rejecting challenges to the government’s plan to sell 65% of the Kenya Pipeline Company (KPC) to the public at Ksh9 per share.
The ruling by Justice Bahati Mwamuye found the process constitutional, affirming Parliament’s oversight and rejecting claims of secrecy or threats to national sovereignty.
The move clears the way for KPC’s public listing, with proceeds aimed at funding development, reducing debt, and strengthening markets.
The decision supports President William Ruto’s economic reforms and follows similar legal scrutiny of major infrastructure deals.
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El tribunal de Kenia respalda la ley de privatización de 2025, despejando el camino para la venta de KPC al público.