Analysis

Latest Article 27 Feb 2026

Privatising the Pipeline: Fiscal Repair, Market Discipline and the Future of State Assets

The decision to float shares in the Kenya Pipeline Company (KPC) represents far more than a routine capital markets transaction. It is a deliberate policy choice situated at the intersection of fiscal consolidation, state-owned enterprise reform and capital market deepening. In many respects, the KPC Initial Public Offering (IPO) carries similar symbolic weight as the Safaricom IPO in 2008, though […]...

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