President William Ruto has voiced his deep concern regarding the increasing number of unemployed youth in Kenya, emphasizing the urgent need to create opportunities for this demographic.During his public engagements, Ruto noticed a significant presence of young people, which he considers a major issue that demands attention. He highlighted the
Tag: Kenyan economy
Safaricom CEO Assures MPs Partial State Sell-Off Won’t Disrupt Operations
Safaricom PLC Chief Executive Officer Peter Ndegwa assured the Members of the National Assembly that the Government of Kenya's proposed partial divestiture will not disrupt the company’s operations or its commitment to national development.During his appearance before the joint sitting of the Parliamentary Committees on Finance & National Planning and
Why Kenya Sold Its Safaricom Stake to Vodacom Instead of Listing on NSE
Treasury Cabinet Secretary John Mbadi has clarified why the National Treasury has not initiated the sale of the government's 15 per cent stake in Safaricom to the Nairobi Securities Exchange (NSE) for public purchase.Mbadi spoke on a Wednesday morning radio show, December 10, 2025, about growing controversy surrounding Vodacom's purchase