Government underselling Safaricom?24% discount exposed ||future dividends already mortgaged.

In this explosive episode, we break down the controversial Safaricom sale and why experts say the Kenyan Government is underselling one of the country’s most valuable assets.

Here’s the full picture:

📌 Safaricom shares traded at Ksh 45 in 2021, valuing the company at Ksh 1.8 trillion — before the Ethiopia expansion.
📌 Today, Government is selling at Ksh 34, valuing Safaricom at below Ksh 1.4 trillion — a 24% discount.
📌 Analysts claim this raises serious questions: Was this incompetence or self-interest?
📌 Many argue Safaricom should have been split into:

Safaricom Telco

Safaricom Towers

Safaricom Financial Services
… because their combined value would be far greater than selling it as one unit.


Even more shocking:

📌 Government is taking what is essentially a 40 billion shilling loan, by collecting future dividends now — mortgaging Kenya’s future earnings from the remaining 20% stake.

This episode digs deep into:

✔️ Why the valuation is considered “grossly unfair” to Kenya
✔️ How the deal could negatively impact taxpayers
✔️ Why selling assets “at throw-away prices” is dangerous
✔️ The politics behind securitisation, borrowing, and quick fixes before elections
✔️ What experts say must be reconsidered immediately

🔥 This is one of the biggest financial debates of the year.
Watch, comment, and share your thoughts — is Kenya selling its crown jewel at a loss?

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