First Reading

Draft provisions, consultations and appointments: read before a final rule exists, so operators know what is actually changing.

Independent

Safaricom’s shares sale outran the Constitution. The Court has ordered them back

The High Court has ordered Kenya’s 15% Safaricom stake restored to the State after finding that the KSh204.3 billion sale to Vodacom failed constitutional tests on public participation and transparency. Reversing the trade now means unwinding ownership, money, dividends and transaction costs, while confronting a harder lesson for future privatisations. A public asset should not be transferred before the legal authority to sell it is settled.

Policy & Regulation · 15 Sep 2026 · 12 min read

First Reading

Who owns the warning before Kenyans lose their money?

Kenya’s latest investment alert names platforms that had already been flagged by regulators elsewhere, including CBEX in Nigeria and QVSE in Ghana. The problem is no longer access to warnings but what happens after they arrive. Investors need a system that turns cross-border alerts into domestic assessment, assigns responsibility to a named agency and makes the path from first warning to investigation, referral and public protection visible without forcing victims to navigate multiple regulators themselves.

Policy & Regulation · 14 Sep 2026 · 7 min read