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December 8, 2025
2h ago

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

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

Kalonzo said Kenya is now witnessing efforts to dispose of critical national assets such as Safaricom shares, JKIA, and Kenya Pipeline, without transparency or public participation...

✨ Key Highlights

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.

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