Kenya: MPs Amend Govt Plan to Sell 15% Safaricom Stake, Introduce Worker Protections

Kenya: MPs Amend Govt Plan to Sell 15% Safaricom Stake, Introduce Worker Protections

Nairobi -- Members of Parliament have revised the government's proposal to partially divest its stake in Safaricom PLC, introducing new safeguards to protect employees and business partners as the State moves forward with the multibillion-shilling transaction.

MPs Amend Govt Plan to Sell 15% Safaricom Stake, Introduce Worker Protections

NAIROBI, Kenya Mar 10 – Members of Parliament have revised the government’s proposal to partially divest its stake in Safaricom PLC, introducing new safeguards to protect employees and business partners as the State moves forward with the multibillion-shilling transaction. A joint report tabled in the National Assembly on Tuesday by the Departmental Committees on Finance chaired by Molo MP Kimani Kuria  and Public Debt chaired by Balambala MP Om…