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ICPAK questions Sh34 Safaricom share price in State divestiture plan

ICPAK Council members led by Chairperson Elizabeth Kalunda and ICPAK CEO Grace Kamau address a press briefing in Nairobi. [File, Standard]

The Institute of Certified Public Accountants of Kenya (ICPAK) has raised concerns over the government’s plan to sell a 15 per cent stake in Safaricom to Vodacom at Sh34 per share, questioning the valuation methodology and long-term fiscal impact.

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