Treasury denies KPA listing claims, labels poster fake
The National Treasury has flagged as fake a purported Business Registration Service document showing details of the Kenya Ports Authority (KPA) as a public limited company. Treasury shared the document on Tuesday, October 6, 2026, with the word “FAKE!” written across the image, warning the public against treating it as an official record. The document, […]
The National Treasury has debunked a fake Business Registration Service document circulating online, stating it falsely depicts the Kenya Ports Authority (KPA) as a public limited company. The misleading document, shared by the Treasury on October 6, 2026, claimed to be from the Companies Registry as of August 6, 2026, and listed KPA with a Ksh10 billion nominal share capital, 10 million ordinary shares at Ksh1,000 each, and notable shareholders including the National Treasury Cabinet Secretary.
However, the Treasury explicitly marked the document as fake, urging the public not to treat it as an official record. This comes amid reforms to the legal structure of government-owned enterprises under the Government-Owned Enterprises Act, 2025, which restructured state-owned entities. KPA, now operating as Kenya Ports Authority PLC, remains wholly owned by the government post-reforms.
The document's appearance and the public's scrutiny of KPA's share capital and governance underscore the evolving dynamics in Kenya's capital markets, despite Treasury's assertion that the circulating document is not evidence of an IPO or NSE listing.
Written by urgent.news from People Daily Kenya's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
