Public Input Ends on Safaricom Sale

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Public participation on the proposed sale of the government’s 15% stake in Safaricom has closed, paving the way for parliamentary review. The National Assembly received more than 12,000 submissions, with indications that many opposed the deal. The process supports plans to raise Sh244.5 billion through partial divestment, amid concerns from lawmakers and the public over valuation, pricing, and the long-term impact on Kenya’s most profitable listed company.