Safaricom Hullabaloo

Now that Safaricom is striking the headlines every new day it goes without saying that this company has higher stakes and every investor worth his salt craves for a piece of its juicy cake.
Nonetheless, there have been contradictory information coming out from several quarters with the government determined to ensure its budget deficit is reduced with the proceeds from privatization programs.
Safaricom is expected to rake in 34B. Some however have hinted that the IPO will take place between 1st and 14 December so as to allow investors time to vote during the 27th December General Elections.
Everyone is watching and despite the recent court case by some ODM members the government's determination is unrelentless.