Government to raise KSh 103 billion from Kenya Pipeline Company share sale

Kenyans can now buy a stake in the Kenya pipeline company for as little as nine hundred shillings, in a move aimed at widening public participation in the capital markets. According to the information memorandum, shares will be priced at nine shillings each, with a minimum purchase of one hundred shares per investor. The offer is expected to draw at least two million Kenyans into the capital market, marking one of the broadest public ownership drives in recent years.