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Millionaire MP: Ndindi Nyoro sells 3m KPLC shares worth KSh 37.8m

Dec 05, 2025 Japhet Ruto Tuko Tuko
Nyoro is a politician and businessman.

Kiharu MP Ndindi Nyoro remained as the top KPLC individual shareholder. Photo: Ndindi Nyoro.

Ndindi Nyoro has sold three million shares of Kenya Power and Lighting Company valued at KSh 37.8 million. Despite the sale, he remains the top individual investor.

Key Takeaways

  • Kiharu MP Ndindi Nyoro sold 3.08 million Kenya Power (KPLC) shares valued at KSh 37.8 million in the first half of 2025.
  • Despite the sale, Nyoro remains the largest individual investor in KPLC, holding 26.9 million shares currently worth KSh 322.8 million.
  • KPLC shares have surged approximately 7.6 times since June 2023, driven by the company's return to profitability and dividend payouts.
  • Kenya Power reported a KSh 24.47 billion after-tax profit for the 2024/2025 financial year and recommended a dividend of KSh 1.00 per ordinary share (interim + final).
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