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.

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Credit Bank seeks shareholder approval to raise Sh4.5bn

Credit Bank is seeking shareholder approval to raise up to Sh4.5 billion through a private placement and other financial maneuvers, aiming to bolster its capital base and fund growth.