"I want to ask every Kenyan, with only Sh9 you can buy 100 shares of Kenya Pipeline, and you can continue to buy more and more,” he said. According to Ruto, claims that the share pricing process lacks transparency are politically motivated and ignore how public markets operate. "Any publicly listed company has a tested, proven and transparent valuation process. Kiharu MP Ndindi Nyoro has urged Parliament not to adopt the government’s proposed process, arguing that the valuation of Safaricom shares is too low. Nyoro has claimed that each of the six billion Safaricom shares being transferred to Vodafone should retail at about Sh45 per share, instead of the proposed Sh34, warning that undervaluation could disadvantage the public.

Source: The Star January 23, 2026 21:06 UTC