Safaricom : Queries over Sale of State Shares

Good Evening! 😀

It's Brian from The Kenyan Wall Street.

In today's newsletter, we take a look at some of the concerns raised by parliament over Treasury's sale of Safaricom's shares.

Also, we dive into streamer iShowSpeed’s Kenyan visit and what it means for event planners in the digital age…

This and more stories…

Safaricom : Queries over Sale of State Shares 

By Fred Obura

The Kenyan government insists that trimming its Safaricom stake by 15% won’t imperil national security, a claim that has Parliament and the public squinting skeptically. Treasury CS John Mbadi argues that security isn’t dictated by share certificates but by regulators, laws, and oversight…yet the optics of selling a slice of the country’s telecom crown jewel invite a thousand “what ifs.” Safaricom may be Kenyan-run, Nairobi-listed, and strictly regulated, but in a world where data is power, even minor ownership shifts feel like high-stakes chess. The debate isn’t just financial; it’s a quiet reckoning with how much control a government truly needs over what it considers as its strategic arteries.

Read the article here >>>>>

Protesting the License Freeze 

By Brian Nzomo

Kenya’s decision to suspend licence renewals for foreign doctors has unfolded as an administrative fact rather than a public policy. The change arrived without published standards, timelines, or transitional measures, leaving experienced clinicians abruptly excluded from practice. Health officials describe the move as workforce rationalisation, but the mechanism relies on discretion rather than process. The immediate effect is procedural uncertainty inside hospitals already operating at the margins.

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INSIGHT: Organizing IShowSpeed’s Unscripted Nairobi Tour

By Peter Gacheru, IMG Communications

IShowSpeed’s Nairobi tour offered a rare demonstration of what happens when live media collides with physical space without rehearsal or control. Stripped of scripts, barriers, and advance disclosures, the event exposed how influence now moves faster than the infrastructure designed to manage it. The work of the event manager shifted from orchestration to real-time risk management, where improvisation replaced planning as the primary skill. What emerged was not chaos, but a form of distributed order driven by audience behaviour, livestream visibility, and rapid coordination behind the scenes.

Read more here >>>>>

Heads Up

Briefs 

💸 Noblestride Capital has advised and closed a US$ 3 million capital raise for MyCredit Microfinance, lifting the lender’s cumulative funding to about US$ 13.6Million.

🇿🇦 South Africa is reviewing the prime lending rate used by banks to price about 6.2 trillion rand, or US$378 billion, in loans, according to the South African Reserve Bank.

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