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MPs seek to inspect Sh80bn securitised revenues
A joint sitting of the Departmental Committee on Finance and National Planning and the Select Committee on Public Debt and Privatisation after the Cabinet Secretary for the National Treasury and Economic Planning, Hon John Mbadi, appeared before the committees to deliberate on the proposed partial divestiture of the Government of Kenya’s shareholding in Safaricom PLC at Glee Hotel, Nairobi on January 13, 2026.
The National Assembly wants powers to inspect the securitisation of government revenue streams in the funding of key projects including the extension of the Standard Gauge Railway (SGR) and the payment of supplier pending bills.
Securitisation refers to ringfencing of specific revenue streams to pay lenders funding various government projects, with the money acting as collateral.
