The Safaricom Dealer Association has cautioned the Kenyan government against selling a 15 percent stake in Safaricom to Vodacom Group, fearing it could undermine Safaricom's dealer-based distribution model. The government plans to sell 6 billion shares at Sh34 per share, raising approximately Sh204.3 billion.

The National Treasury faces scrutiny over its plan to sell a 15 percent stake in Safaricom Plc to Vodafone Kenya via a direct sale, bypassing competitive bidding. The Institute of Certified Public Accountants of Kenya (ICPAK) questions whether this approach ensures optimal value for taxpayers.

Airtel Kenya is advocating for significant regulatory reforms in the telecommunication sector, particularly concerning call termination charges, arguing that changes in Safaricom's ownership alone will not foster adequate competition. This comes as the National Treasury defends its plan to sell a 15 percent stake in Safaricom to Vodafone Kenya through a single-bidder process, a move questioned by the Institute of Certified Public Accountants of Kenya (ICPAK).