Treasury Cabinet Secretary (CS) John Mbadi has announced that the government obtained a total of Ksh106.7 billion from the just concluded Kenya Pipeline Company Initial Public Offer (IPO). Speaking on March 4, Mbadi said the government offered 11,812,644,350 shares at KSh 9 each. He added that investors applied for 12,486,078,724 shares, translating to an overall
The government has invited Kenyans to comment on the proposed sale of the 15% stake at Safaricom PLC to Vodacom Group. In a notice on December 8, the National Assembly said the Cabinet Secretary (CS) for the National Treasury has submitted Sessional Paper No. 3 of 2025 on Partial Divestiture in Safaricom PLC by the
The government has confirmed ongoing commitments to foster the growth of the local insurance services industry as part of an overall strategy to deepen the value of the financial sector in national development, National Treasury (CS) Cabinet Secretary John Mbadi has confirmed. Speaking at the official rebrand of Sanlam Allianz Holdings Kenya, CS Mbadi, in
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