Kalonzo: Sale of Safaricom was a national abduction

Kalonzo questioned the timing of the transaction, noting that it was concluded while a constitutional petition challenging the sale remains pending before the High Court...

✨ Key Highlights

Wiper Party leader Kalonzo Musyoka has strongly criticized the Kenyan government's sale of a 15% stake in Safaricom PLC to Vodacom, labeling it an "economic abduction."

The government sold approximately 6 billion shares at Sh34 per share, reducing its ownership from 35% to 20%.
Key figures include Kalonzo Musyoka and the National Treasury.
Musyoka expressed concern that the sale proceeded despite a pending constitutional petition and questioned the rushed transaction after conservatory orders were lifted on June 26, 2026.