The Standard Group Plc is a multi-media organization with investments in media
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Treasury CS John Mbadi before the Senate's Finance at County Hall, Parliament, Nairobi. March 18, 2025. [Elvis Ogina, Standard]
Treasury Cabinet Secretary John Mbadi has defended the government's proposed plan on the privatisation of Kenya Pipeline Company (KPC), saying it will free the firm from tight state budgets.
He says that privatisation would be more advantageous, providing a source of revenue to the government, unlocking billions in investment, and giving an ordinary Kenyan a chance to own a stake in one of the region's biggest petroleum movers.
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