Treasury defends sale of 15% Safaricom stake to fund infrastructure projects
According to the Treasury, funds raised from the transaction will be channelled to priority sectors including energy, roads, water, airports and digital infrastructure.
According to the Treasury, funds raised from the transaction will be channelled to priority sectors including energy, roads, water, airports and digital infrastructure.
The plan aims to generate about Sh204.3 billion from the share sale and an additional Sh40.2 billion upfront payment from Vodacom Group, while allowing the government to retain a 20 per cent stake and board representation to safeguard national interests.
Appearing via video link before Justices Daniel Musinga, Francis Tuiyott, and Aggrey Muchelule on Monday, the Assembly’s legal team, led by Senior Counsel and Rarieda MP Otiende Amollo, pressed the court to overturn the 2024 judgment. The Court is expected to deliver its ruling on February 6, 2026.
In a recent update, the National Assembly has successfully passed the Births and Deaths Registration (Amendment) Bill, 2024; if assented into law, it promises a significant expansion of access to essential civil registration services across Kenya.
The agitated lawmakers fiercely warned that the hide-and-seek implementation of the flagship project was politically costly and risked rendering the academies white-elephant ventures.
Speaking at a health policy forum in Nairobi themed “Legislating to Save Lives: Strengthening the Legal Framework for Maternal, Newborn and Child Health in Kenya,” the Seme MP said the figures amount to a national embarrassment that demands urgent action.
Barasa’s request covers 989.17 hectares of South Nandi Forest, 1,241 hectares of Turbo Forest, 4,647 hectares of Mt Elgon Forest, and 130.99 hectares within Kakamega Forest, split between Shiru and Shaviringa. These areas have been occupied since the 1980s by communities whose presence has not yet been legally regularised.
The AfDB, in its report titled Unpacking the Drivers of Public Debt Dynamics in Kenya, notes that the National Assembly struggles to carry out proper oversight of public borrowing.
The Bill seeks to safeguard ethical practices, protect the rights of parents, surrogates, and children, and outlaw commercial surrogacy and other exploitative arrangements.
Clerk of the National Assembly, Samuel Njoroge revealed that soon after President William Ruto assented to new laws, fake versions containing misleading clauses began spreading online, creating confusion and panic among the public.
In a statement issued on October 22, 2025, Clerk of the National Assembly Samuel Njoroge said the documents being shared on social media are fake and misleading.