Ruto right to clap back at NSE critics – Sossion
By Aloys Michael, July 24, 2025Former Kenya National Union of Teachers (KNUT) Secretary General Wilson Sossion has defended President William Ruto’s recent remarks at the Nairobi Securities Exchange (NSE), saying the Head of State was right to respond to his critics and set the record straight.
Speaking during an interview on a local TV station on Thursday, July 24, 2025, Sossion said that Ruto has every right to confront individuals who have publicly criticised his administration, especially given that he has been the subject of constant attacks.
“President Ruto was right to set the record straight at the NSE. He has previously been called out and has a right to call out individuals who did the same,” he asserted.
The former union leader praised the President’s clarity in communicating political facts, saying the tone shift from dismissive to deliberate is both strategic and necessary.
“The President is now responding point by point on the issue of promises. He was accused of over-promising, and he came back with a very deliberate answer: ‘No, I did not over-promise, I was raising the ambitions of this country,’” Sossion noted.
He said Ruto’s approach marks a clear change in communication strategy, one that allows him to engage more directly with the public and the political class.
“The political ecosystem requires clarity, and the President is doing exactly that. There is nothing wrong with him calling out individuals,” Sossion emphasised.
He added that while some may see this as confrontational, it is a legitimate form of political engagement in a democratic environment.
“It’s a shift in tone, yes, but a necessary one. He’s not just reacting; he’s trying to change the conversation,” Sossion said.
Ruto on NSE
The Head of State hailed the NSE recovery, saying aid the listing of the State corporation is necessary to eliminate inefficiencies and raise the standards of governance.
If approved, KPC will join Safaricom, Kenya Electricity Generating Company (KenGen), and Kenya Commercial Bank (KCB) as some of the successful State-owned enterprises to be listed.
“While other nations in the region have moved boldly and strategically to divest and reinvigorate their economies, Kenya has not undertaken a single privatisation in over a decade,” he said.
President Ruto made the remarks during the bell-ringing ceremony to mark the listing of the Linzi 003 Infrastructure Asset-Backed Security, the first of its kind in
Kenya, which raised over Ksh44 billion, at the Nairobi Securities Exchange on Wednesday, July 23, 2025.
Proceeds from the listing will support the infrastructure development of the Talanta Sports City Stadium, Kenya’s first large-scale, international stadium project in more than 40 years.
“This modern, world-class complex is designed to host global tournaments,
foster local talent, and restore Kenya’s reputation as a sporting powerhouse,” he said.
The bond was issued by Linzi Finsco 003 Trust, a subsidiary of Liaison Group, a leading financial services organisation specialising in risk and insurance, and pensions administration.
The President pointed out that the strong recovery of the NSE, with market capitalisation now at Ksh2.5 trillion, reflects the soundness and consistency of his government’s economic policies.