Ruto dismisses Ndindi Nyoro’s claims over undervalued Safaricom shares

President William Ruto has pushed back against claims by Kiharu MP Ndindi Nyoro that the government has undervalued its Safaricom shares, allegations suggesting the country could lose up to 150 billion shillings. The President dismisses the claims as misleading, insisting that Safaricom’s valuation is determined by the capital markets—not by boardroom or committee negotiations.