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Right direction for the country, Mbadi defends Safaricom stake sale

John Mbadi Cabinet Secretary The National Treasury and Economic Planning speaking during 2025/2026 Deloitte Kenya National Budget Analysis. [Wilberforce Okwiri, Standard]

National Treasury Cabinet Secretary John Mbadi has defended the government's plan to sell 15 per cent of its 35 per cent Safaricom stake for Sh204.3 billion, dismissing concerns over valuation and positioning the move as critical infrastructure financing.

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