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Kenya National Treasury

Vodacom secures control of Safaricom after court clears Sh204 billion deal

Business

Vodacom secures control of Safaricom after court clears Sh204 billion deal

With the transaction now concluded, the National Treasury is set to receive Sh204.3 billion from the disposal of a 15 per cent shareholding in Safaricom. Together with an advance dividend arrangement worth Sh40.2 billion, the deal is expected to generate a total of Sh244.5 billion for the government

By Maureen Kinyanjui 1 Jul 2026

CS Mbadi pushes to save NG-CDF despite court ruling

News

CS Mbadi pushes to save NG-CDF despite court ruling

The Treasury CS told lawmakers to explore ways of keeping the fund alive, including redesigning it, developing alternative structures, or anchoring it firmly in the Constitution. He said channeling resources directly to communities remains a priority for him and described the fund as essential rather than optional.

By Maureen Kinyanjui 17 Jan 2026