PREMIUM How taxpayers lost Sh14bn in State Safaricom sale deal According to KIPPRA's valuation, the sale would have earned the government Sh218.3 billion. Companies Just now Listen

“The forgone dividends would be much higher than the Sh204 billion,” KIPPRA warned, noting that while the sale would expand fiscal space in the short term, that space would be limited in future, potentially exposing the government to fiscal deficits.3 billion after the National Treasury and the National Assembly closed ranks to disregard technical advice from a State think tank and push through the controversial sale of Safaricom shares at a lower price.

PREMIUM Kenyans back sale of govt shares in Safaricom but with a caveat The residents proposed that the government offload 11 per cent of its shares to the public.