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
M-PESA transactions comprise a variety of mobile money services that enable users to manage their finances conveniently. These services include sending and receiving money, depositing and withdrawing cash through authorised agents, and making payments for goods and services using Buy Goods or PayBill numbers. Users can also purchase airtime, transfer money between M-PESA and bank
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