By Gitahi Ngunyi
Kenya Pipeline Company (KPC) Board will tomorrow morning hand over a special dividend cheque of Sh5 billion to The National Treasury for the financial year ended June 2023.
In a note to newsrooms sent earlier today, KPC said the dividend follows a 21 percent jump in KPC’s profitability to Sh7.6 billion in the financial year 2022/2023 up from Sh6.3 billion the previous year.
KPC MD Mr. Joe Sang and the Energy & Petroleum Cabinet Secretary Mr. Davis Chirchir will hand over the dummy cheque to The National Treasury Cabinet Secretary Prof. Njuguna Ndung’u tomorrow at KPC headquarters.