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Written by

Judy Kendi

Jan 22, 2026

5 min read

Salasya Rejects Proposed Sale of State Assets, Dismisses Safaricom Share Valuation Debate

"Mumias East MP Peter Salasya has strongly opposed any move to sell Safaricom shares or other key state assets, arguing that the real issue is whether such assets should be sold at all not their valuation while accusing government-aligned leaders of misleading Kenyans."

Salasya Rejects Proposed Sale of State Assets, Dismisses Safaricom Share Valuation Debate background
Salasya Rejects Proposed Sale of State Assets, Dismisses Safaricom Share Valuation Debate

Mumias East Member of Parliament Peter Salasya has launched a sharp attack on proposals linked to the sale of state assets, including Safaricom shares and the Kenya Pipeline Company (KPC), insisting that Kenyans should reject the entire idea outright.

In a strongly worded statement, Salasya argued that the national debate is being deliberately diverted from the core question of whether public assets should be sold, to a narrower and misleading discussion about the valuation of Safaricom shares. According to the MP, this shift is intended to make Kenyans focus on price rather than principle.

“The issue should not be about the valuation of Safaricom shares, but whether to sell them or not,” Salasya said, adding that Kenyans should not be taken for granted or treated as uninformed.

Drawing from his academic background in commerce, Salasya stated that share valuation is determined by market forces, not by individuals or politicians. He argued that attempts to frame the debate around a specific share price are misleading and ignore fundamental principles of finance and corporate governance.

The MP further warned against what he described as the gradual stripping of national assets, cautioning that strategic institutions such as Safaricom and KPC are too important to be disposed of without broad public consent.

Salasya urged Kenyans to reject what he termed a false narrative around asset sales and remain vigilant against policies that could undermine national economic sovereignty. He maintained that public assets should be protected and managed for the benefit of all citizens, rather than sold under contested justifications.

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#alasya Rejects Proposed Sale of State Assets #Mumias East MP

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