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CBK Backs Proposed Safaricom Share Sale Amid Financial Concerns
The Central Bank of Kenya (CBK) has expressed support for the government's proposal to sell shares in Safaricom, asserting that the transaction will not compromise Kenya's financial stability. The CBK anticipates both economic growth and an increase in foreign exchange reserves for Kenya from a partial sale. However, Kiharu Member of Parliament Ndindi Nyoro has warned that Kenya stands to lose over 150 billion shillings from the sale. Nyoro presented this concern to the parliamentary committees on Finance and Privatization, raising questions about the financial implications of the proposed deal.
IPOA Investigates Police After Fatal Shootings in Nyeri and Shinyalu
The Independent Policing Oversight Authority (IPOA) is conducting investigations into multiple incidents involving police. A disturbing incident in Nyeri was captured on CCTV, showing a police officer fatally shooting a businessman from behind at close range. In a separate event, tension has gripped Shinyalu after two people were reportedly killed by police officers. Following the shooting of George Gathu, a suspect named Peter Wamiti Mwangi will be detained for 14 days to allow IPOA to conduct a thorough inquiry into the incident.
KCB FC Wins in Premier League; Migori Youth Leads National Super League
In the Kenya Premier League, KCB FC secured a 1-0 victory over Posta Rangers. The win, which featured Francis Kahata's first goal for the club, moved KCB up to sixth place in the Premier League standings. Meanwhile, the first leg of the National Super League (NSL) concluded with Migori Youth at the top of the table. The promotion race has intensified, as the top five teams all secured wins, with a mere six points separating these leading clubs.
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Mjadala waibuka kuhusu mpango wa serikali kuuza asilimia 15 ya hisa zake katika kampuni ya Safaricom
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