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Privatization Programme
Completed Transactions
Major completed privatization transactions and receiverships from the public record.
Major Transactions (2003 to date)
| # | Company | Year | Method | Public Share Before (%) | Public Share After (%) | Sector |
|---|---|---|---|---|---|---|
| 1 | Kenya Pipeline Company PLC | 2026 | IPO | 100 | 35 | Energy infrastructure |
| 2 | Kenya Wine Agencies Limited (KWAL) | 2014 | Sale | 72.65 | 42.65 | Manufacturing |
| 3 | Safaricom PLC | 2008 | IPO | 60 | 35 | Telecommunication |
| 4 | Telkom Kenya | 2007 | Strategic Sale | 100 | 49 | Telecommunication |
| 5 | Kenya Reinsurance Corporation PLC | 2007 | IPO | 100 | 60 | Insurance |
| 6 | Mumias Sugar Company PLC | 2006 | IPO | 38.4 | 20 | Manufacturing |
| 7 | Kenya Railways Corporation | 2006 | Concessioning | 100 | 100 | Transport |
| 8 | KenGen | 2006 | IPO | 100 | 70 | Energy |
1992 – 2002 Receiverships
| # | Company | Year | Public Share Before (%) | Public Share After (%) | Sector | Buyer | Proceeds (Kshs) |
|---|---|---|---|---|---|---|---|
| 1 | Nairobi Oil Products Ltd | 1992 | 29 | 0 | Oil Recycling | Various Individuals | 8,750,000 |
| 2 | Tiger Shoes Ltd | 1993 | 16.7 | 0 | Leather | Lento Agencies Ltd | 9,000,000 |
| 3 | Yuken Textiles Ltd | 1993 | 100 | 0 | Textile | Yuken Mills Ltd | 14,000,000 |
| 4 | Sirikwa Hotel Ltd | 1993 | 21 | 0 | Tourism | Akamba Invest. Ltd | 70,000,000 |
| 5 | Kenya Drilling Co. Ltd | 1993 | 100 | 0 | Services | Kentco Taxis Ltd | 21,700,000 |
| 6 | Kisumu Cotton Mills Ltd | 1993 | 80 | 0 | Textiles | Caneland Ltd | 174,961,000 |
| 7 | Seracoating Kenya Ltd | 1994 | 34 | 0 | Plastic | Local shareholders | 82,000,000 |
Transactions enquiries: transactions@privatization.go.ke