The hearing on the proposed sale of part of the government’s shares in Safaricom substantively commenced before the High Court, with both petitioners and respondents making oral submissions.
The respondents argued that the proposed sale meets all the necessary legal and procedural requirements.
However, petitioners opposed to the sale maintained that the process lacks transparency and has not been subjected to independent valuation or due diligence.
They are seeking to have the proposed sale declared unconstitutional.
