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The Standard Group Plc is a
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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.
During a joint sitting of the National Assembly Finance and Privatisation Committee Wednesday, ICPAK Chairperson Elizabeth Kalunda warned that the pricing could fuel public perception that a strategic national asset is being undervalued.
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