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Is Parliament Playing Politics? Budget Committee Accused in Safaricom Deal

STESHA Posted on 7 months ago 3 minutes read

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A spirited exchange of views has continued to unfold as lawmakers crisscross the country seeking public opinion on a contentious economic proposal that has captured national attention.

From town halls to county halls, citizens have turned up in large numbers, eager to weigh in on a matter they say could shape the future of one of Kenya’s most influential corporate entities.

In Kiambu County, emotions ran high as residents used a public participation forum to express both hope and anxiety over the proposed move.

While some speakers urged leaders to prioritize economic stability, others warned against decisions made without adequate consultation, insisting that Kenyans deserved clarity and honesty from those entrusted with national assets.

At the centre of the debate is the government’s plan to offload a portion of its stake in Safaricom, a move officials argue could unlock billions of shillings for development projects.

However, the proposal has triggered sharp divisions, not only among citizens but also within Parliament, where questions of motive and accountability have taken centre stage.

Residents in Kiambu demanded full transparency on how proceeds from the sale would be utilized, with many calling for detailed disclosures before any final decision is made.

Several participants questioned whether the funds would be directed toward critical sectors such as healthcare, education and infrastructure, or disappear into what they termed political convenience projects.

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Some contributors went further, accusing Parliament’s Budget and Appropriations Committee of approaching the issue with partisan interests.

They argued that the committee’s handling of the process appeared skewed and failed to inspire confidence among ordinary citizens.

Calls were made for the committee to publicly justify its recommendations and ensure that the process remains inclusive and above political influence.

Members of Parliament present at the forum defended the public participation exercise, saying it was a constitutional requirement and a sign of democratic governance. They noted that the views collected would inform deliberations in the National Assembly before any binding resolutions are passed.

The government, on its part, has indicated plans to sell up to 15 per cent of Safaricom shares to Vodacom, a move officials say aligns with long-term strategic partnerships.

Proponents argue that the sale would not undermine Safaricom’s performance but instead strengthen investor confidence and improve liquidity.

Still, critics remain unconvinced, warning that Safaricom’s dominant position in Kenya’s economy demands extra caution.

As public hearings continue across the country, it is clear that the debate is far from settled, with Kenyans insisting that any decision must put national interest above politics.

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