Kenya: Parliament to Hear Public Views On Safaricom Stake Sale

Nairobi — Parliament will on Monday begin public hearings on the government's proposal to sell part of its shares in Safaricom PLC, marking the next major step in a plan that could reshape state involvement in Kenya's biggest telecom firm.

The hearings will be conducted jointly by the National Assembly's Departmental Committee on Finance and National Planning and the Select Committee on Public Debt and Privatisation.

They will run until Wednesday, January 21, 2026, at a venue in Kiambu County, which will be announced later.

The sessions are meant to gather views from key players, experts and the public on Sessional Paper No. 3 of 2025, which proposes the partial divestiture of the government's shareholding in Safaricom.

Safaricom will be the first major stakeholder to appear before the committees on Wednesday, January 14, from 9.30 am to 11.00 am.

Other telecom firms, including Airtel Kenya, Telkom Kenya, Jamii Telecommunications, Liquid Telecom and Zuku, are also scheduled to give their views the same day.

Professional bodies and industry groups such as ICPAK, Deloitte, the GSMA, technology service providers and Safaricom dealers will also make presentations during the hearings.

On Thursday, January 15, the committees will hear from financial and business groups, including the Kenya Bankers Association, Association of Kenya Insurers, KEPSA, the Kenya National Chamber of Commerce and the Digital Financial Services Association of Kenya.

Labour unions, legal experts and economic think tanks, among them the Law Society of Kenya, Federation of Kenya Employers, Institute of Economic Affairs and leading audit firms, are scheduled to appear on Friday, January 16.

Civil society organisations and governance groups, including Amnesty International Kenya, Transparency International Kenya, Katiba Institute and the Kenya Human Rights Commission, will present their views on Monday, January 19.

"The stakeholder hearings are aimed at ensuring transparency and public participation before any decision is made on the proposed sale of part of the state's stake in Safaricom," Parliament said.

Read the original article on Capital FM.