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Right direction for the country, Mbadi defends Safaricom stake sale

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.
By Ronald Kipruto 2025-12-05 15:05:49
Vodacom also agreed to buy the right to receive future Safaricom dividends and will make an upfront payment of Sh40.2 billion to the Treasury.
By Brian Ngugi And Graham Kajilwa 2025-12-05 08:50:00
The government’s planned sale of a 15 per cent stake of its shareholding in Safaricom to Vodafone Kenya for Sh244.5 billion will help to raise money for critical infrastructure projects.
By Graham Kajilwa 2025-12-05 08:00:00
The Ministry of Mining is on the spot for issuing Devki Group of Companies permission to extract iron ore for his Sh11 billion steel plant without consent from ranch owners.
By Renson Mnyamwezi 2025-12-05 06:00:00
Kenyan-based digital insurance platform mTek has been acquired by Bolttech. The move advances Bolttech’s strategic goals in East Africa and enhances the group’s global embedded insurance capabilities.
By Nanjinia Wamuswa 2025-12-05 00:00:00
The expo took place on November 29, 2025, at Business Bay Square Mall, in Eastleigh Nairobi.  
By Selina Mutua 2025-12-04 18:37:13
Motorists are set to enjoy a Sh2 fuel discount cashback deal aimed at boosting earnings and productivity.
By Esther Dianah 2025-12-04 09:07:06
Rising repayments, new survey by KHRC shows, mean less money for essential services. Kenya’s debt service to revenue ratio stood at 67 per cent in the year to June 2025.
By Macharia Kamau 2025-12-04 08:00:00
The government says it will obey a court ruling that suspended implementation of the Direct Settlement System (DSS) coffee payments model and will ensure adequate public participation.
By Irene Githinji 2025-12-04 08:00:00
Kenya's private sector expanded at its fastest pace in over five years in November, a closely watched survey showed on Wednesday.
By Brian Ngugi 2025-12-04 06:00:00
Individuals and businesses seeking new electricity connections from Kenya Power will now be required to submit their applications exclusively through the company’s website using a link.
By James Wanzala 2025-12-04 00:00:00
Kenya and China reaffirmed their deepening political, economic, and cultural ties during a high-level forum in Nairobi that underscored the growing significance of China–Kenya cooperation.
By Benard Orwongo 2025-12-03 18:59:44