The Kenyan National Assembly has approved the government's plan to sell a portion of its stake in Safaricom, allowing the State to offload shares effective April 1, 2026.

• The government expects to receive Sh40.2 billion from the sale of its residual 20 percent shareholding.
• Key entities involved include the National Assembly, the government of Kenya, and Safaricom PLC.
• The deal, outlined in Sessional Paper No. 3 of 2025, assures no job losses at Safaricom and preserves its existing dealer network and business model for at least a decade.