National Treasury Cabinet Secretary John Mbadi has explained how proceeds from the government’s sale of 15% stake in ...
Kenya is selling a 15% stake in telecom operator Safaricom to South Africa's Vodacom in a deal worth about $1.6 billion, the ...
If the deal is approved and receives regulatory approval, Vodacom will increase its stake in Safaricom from 35 to 55 percent.
Kenya taps Safaricom shares to unlock billions for critical infrastructure as the State launches a major divestiture shift.
The Kenyan government is set to earn KSh 245 billion by selling a 15% stake in Safaricom to Vodafone Kenya. The move is part of the privatisation plan.
Vodafone’s African subsidiary, Vodacom, to acquire 20% of Safaricom, taking its stake to 55% 15% will be acquired from the Government of Kenya and 5% from Vodafone LONDON, Dec. 04, 2025 (GLOBE ...
In the year ended March 2025, the Treasury banked full-year dividends worth Sh16.83 billion from its 14.02 billion shares in ...
Safaricom, Kenya’s largest company by market value, will see Vodacom’s ownership increase from 39.9% to 55%, giving it effective control ...
Vodacom will take majority control of Safaricom in a R36-billion deal, boosting group revenue and deepening its African ...
The Treasury is also planning to offload a 65 percent stake in Kenya Pipeline Company (KPC) through an IPO by March 2026 to ...
Safaricom said late Wednesday that Kenya is selling a 15% stake in the telecom operator to South Africa's Vodacom in a deal ...