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UPDATE: President Ruto’s administration floods markets with Sh450 billion State asset sales in 2025

Milton
Business, News
December 13, 2025
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Here is the breakdown:

-Safaricom — Sh245 billion— 15% stake sale (ongoing)

-KPC IPO (ongoing) — ~Sh100 billion

-Linzi Talanta Stadium bond — Sh45 billion.

-Safaricom green bond — Sh20 billion.

-EABL corporate bond — Sh16.7 billion.

-Tullow Oil Kenya assets sale — Sh17 billion.

-Family Bank private placement — Sh8 billion.

-Satrix MSCI listing on NSE — Sh4.6 billion.

-Britam rights issue — Sh2.5 billion

-SKL Group listing on NSE — Sh0.3 billion

-EAPC 29% stake acquisition—Sh0.7 billion by Kalahari Cement (Amsons)

via BUSINESS DAILY

Milton

Milton
International , News
July 14, 2026
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𝗕𝗥𝗘𝗔𝗞𝗜𝗡𝗚: Cruise Missiles Hit Two Oil Tankers Near UAE

The UAE Ministry of Defense said two oil tankers were struck by Iranian cruise missiles near the Strait of Hormuz. According to the statement, the vessels Mombasa and Al Bahiyah…

Milton
International , News
July 14, 2026
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𝗕𝗥𝗘𝗔𝗞𝗜𝗡𝗚: Europe Unites to Boost Air Defense Against Russian Missiles

Ukraine and nine European countries have announced a new joint air defense initiative aimed at strengthening protection against Russian missile threats, including hypersonic weapons. The announcement came during a meeting…