Wiper Party leader Kalonzo Musyoka has raised alarms about Kenya's economic state, accusing the Kenya Kwanza government of reckless debt management and covert attempts to privatize national assets. His remarks were made during the launch of the People’s Audit Report in Nairobi on Monday, December 8, where he highlighted concerns over the country’s escalating public debt.

• The national public debt has reached Ksh12.5 trillion, significantly impacting businesses and households.
• Musyoka specifically cited potential disposals of strategic assets like Safaricom shares, JKIA, and Kenya Pipeline without transparency.
• He proposed a five-point plan for fiscal stability, including transparent debt restructuring and reforms in procurement, to safeguard Kenya's national assets and promote accountability.

The National Assembly has initiated public participation for the government's plan to sell a 15% stake in Safaricom PLC, a move projected to raise Sh244.5 billion but facing significant backlash over potential undervaluation and lack of transparency.

• The proposed sale involves 6 billion shares at a projected price of Sh34 per share, expected to raise Sh204.3 billion, with an additional Sh40.2 billion from Vodacom Group for future dividends.
• Critics, including lawmaker Ndindi Nyoro and former Deputy President Rigathi Gachagua, argue the Sh34 per share price is a significant undervaluation, pointing to Safaricom's Sh45 per share trading price in 2021.
• The government aims to expand fiscal space and fund critical infrastructure projects while retaining a 20% stake and significant influence, including two board seats.

The National Treasury has invited Kenyans and stakeholders to submit proposals for tax policy changes for the 2026/2027 national budget and Finance Bill 2026. This initiative, led by Cabinet Secretary John Mbadi, aims to enhance transparency and public participation in financial decisions, following 2024 protests over a previous finance bill.

• The call for proposals is for amendments to existing tax laws for the Finance Bill 2026, aligning with the government’s Bottom-Up Economic Transformation Agenda (BETA).
• Cabinet Secretary John Mbadi specified that each proposal should clearly identify the tax law to be amended, outline the issue, and provide evidence-based justification.
• This move by the National Treasury comes after widespread protests in June 2024 following the passing of the Finance Bill 2024, which saw protestors storming parliament and demanding greater public participation.