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Central Bank of Kenya Governor Kamau Thugge.PHOTO/Nairobi Law Monthly
Business

CBK says Safaricom stake sale will not threaten financial stability

CBK Governor Kamau Thugge told the National Assembly’s joint committee on Finance and National Planning and Public Debt and Privatisation that the sale of a 15 percent government stake to South Africa’s Vodacom Group is unlikely to affect M-Pesa, the mobile money service holding more than Sh250 billion in customer funds.

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High court halts Riruta–Ngong rail project, bars use of public funds
News

High court halts Riruta–Ngong rail project, bars use of public funds

Issued at Milimani Law Courts on January 20, 2026, the interim conservatory orders bar several respondents from continuing, implementing, or financing the railway, whether directly or through agents, contractors, or associated entities. The court said the measures were necessary to uphold the integrity of its processes and enforce adherence to timelines.

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