The High Court is set to issue directions today in a petition challenging the proposed sale of the government’s 15 per cent stake in Safaricom PLC to Vodacom Group, a transaction valued at over Sh200 billion. They contend that the proposed sale may contravene the Public Procurement and Asset Disposal Act, 2015, and the Privatisation Act, 2025, which require transparency, competitiveness, and parliamentary oversight in the disposal of strategic public assets. The petitioners are also seeking orders compelling disclosure of valuation reports, advisers involved in the deal, and approvals granted. The government has previously defended the proposed transaction as part of a broader strategy to raise capital, deepen strategic partnerships, and optimise the state’s portfolio in commercial entities. The petition challenges sections of the Narcotic Drugs and Psychotropic Substances Control Act that criminalise the cultivation, possession, and use of cannabis.
Source: The Star February 04, 2026 18:53 UTC