Planned sale of Safaricom shares continues to generate heat

Treasury CS John Mbadi and Vodacom Group CEO Shameel Joosub sign a long-term partnership to sale 15 per cent stake in Safaricom shares to Vodacom in Nairobi, on December 4, 2025. [Edward Kiplimo, Standard]

The planned sale of 15 percent of government-owned shares in Safaricom to the Vodacom group has continued to generate more heat than light, with parliament divided in the center.

The government has termed the deal as too-good-to-be-ignored’ even as some legislators queried the rushed process in offsetting the over 6B shares.