The High Court of Kenya has dismissed petitions challenging the Privatisation Act, 2025, effectively paving the way for the sale of stakes in state-owned enterprises, including Kenya Pipeline Company Limited (KPC). They cited 2024 figures showing KPC posted Ksh6.87 billion in profit while paying Ksh7 billion in dividends to the national treasury. An image of Kenya Pipeline Company holding deport and an insert of the Nairobi Securities Exchange market. The High Court ruling means the government can now proceed with plans to sell shares in KPC and other strategic state-owned firms. The Kenya Pipeline Company, incorporated in 1973 and operational since 1978, is responsible for transporting petroleum products, including petrol, diesel, jet fuel, and kerosene across Kenya and to regional neighbouring markets.

Source: Daily Nation February 19, 2026 16:03 UTC