Kalonzo Sounds Alarm on ‘Secret Sale’ of National Assets in Fiery People’s Audit Address

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.

Safaricom’s Share Sale Explained: The KES 245B Vodacom Deal, 9 Key Conditions, and M-Pesa’s Future

Kenya is undergoing a significant corporate shake-up involving Safaricom, its most valuable company, as Vodacom acquires majority control through a KES 245 billion deal. This transaction sees the Kenyan government reduce its stake and receive substantial funds.

National Assembly Invites Public Views on Safaricom Divestiture Plan

The National Assembly has invited the public to submit views on the government's plan to sell a 15 percent stake in Safaricom, a move aimed at funding infrastructure projects and raising non-tax revenues. This follows the government's announcement of securing Sh244.5 billion from the transaction.

Gachagua: Safaricom imeuzwa bila public participation, the country is being sold every day

Safaricom now requires users to reconfirm M-PESA recipient number when using SIM Toolkit

Safaricom has introduced a new confirmation step for M-PESA transactions via its SIM Toolkit (STK), requiring users to re-enter the recipient's phone number a second time. This change, aimed at reducing "wrong transactions," is currently being gradually rolled out, causing mixed reactions among users.

Kalonzo vows to take legal action over sale of Safaricom shares to Vodacom