TUMEIBIWA💔Rutos Judges Rules On Safaricom 65% Sale! Says Kenyans Pressured Them🚫NO More Kenyan CEOS
TUMEIBIWA💔Rutos Judges Rules On Safaricom 65% Sale! Says Kenyans Pressured Them🚫NO More Kenyan CEOS Post Log in Open app user avatar Stephen Mutoro @smutoro Court of Appeal has cleared Ruto’s government to sell Kenya’s 15% stake in Safaricom PLC to Vodacom — a Sh204.3B deal — lifting High Court conservatory orders that had frozen the transaction! Here’s what Kenyans need to know: Deal expected to generate Sh204.3B total — with Sh40B upfront dividends Govt shareholding drops from 35% to 20% Vodacom — South African telco — gets majority control of Kenya’s most strategic communications infrastructure Shares fixed at Ksh 34 each — petitioners say this undervalues the asset No public participation. No transparency. Constitutional questions remain UNANSWERED Constitutional petitions are still pending at the High Court And here’s the kicker — petitioners were given just 2 HOURS to prepare when the Court of Appeal heard the government’s application. Due process? What due process? Petitioners are headed to the Supreme Court. This fight is NOT over. Kenya is being sold — one strategic asset at a time — while Kenyans are teargassed for daring to ask questions. 🇰🇪The people who own Safaricom are YOU. Demand answers. #safaricom #kenya #ruto #trendingkenya #gachagua #statehousekenya #2027elections

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