At the beginning of January 2026, several Kenyans reported on social media that they had received SMS notifications from Safaricom indicating that their Fuliza overdraft limit had been increased, allowing them to access a higher borrowing amount than before. Fuliza is a service that allows M-PESA customers to complete transactions even when their account balance
Treasury Cabinet Secretary John Mbadi has addressed suggestions to split the government’s 15% divestiture of Safaricom shares. While speaking in a media interview on Thursday, January 22, 2026, the Treasury CS explained why the current government strategy prioritises market stability and maximises returns. CS Mbadi noted that various stakeholders, including the Law Society of Kenya
Regulators have welcomed the sale of part of the Government’s stake in Safaricom, saying that the price was competitive and the transaction is unlikely to negatively affect the market. The Capital Markets Authority (CMA), Competition Authority (CAK), and the Communication Authority told MPs scrutinising the deal the divestiture was a good idea and would yield
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