Kenya: Petitioners Ask High Court to Block Planned Sale of Govt Stake in Safaricom
15 Articles
15 Articles
Kenya: Petitioners Ask High Court to Block Planned Sale of Govt Stake in Safaricom
Nairobi -- Petitioners challenging the Government's proposed sale of a 15 per cent stake in Safaricom PLC have urged the High Court to declare the transaction unconstitutional, arguing that it amounts to the unlawful disposal of a strategic national asset.
New Safaricom Ownership Structure After 15% Stake Sale
The Kenya Times ~ Trending, Breaking News and Videos New Safaricom Ownership Structure After 15% Stake Sale Vodafone Kenya Limited has completed the acquisition of an additional 15 percent stake in Safaricom PLC from the Government of Kenya, marking the conclusion of a transaction first announced in December 2025. In an announcement issued on June 30, Safaricom said the acquisition was completed on June 30, 2026, through a block trade on the […]…
Vodacom Acquires Majority Stake in Safaricom to Majority Shareholding
Vodacom Group has completed the acquisition of an additional 20% effective stake in Safaricom PLC, increasing its shareholding to approximately 55% and cementing its position as the majority shareholder in East Africa’s largest telecommunications company. The acquisition follows the lifting of a conservatory order by the Court of Appeal of Kenya on June 26, 2026, … The post Vodacom Acquires Majority Stake in Safaricom to Majority Shareholding f…
Vodacom creates East African giant
Vodacom Group took effective control of Safaricom after clearing a legal hurdle to a deal announced late in 2025 to up its stake to 55%. The South African player completed the transaction four days after a conservation order was put on hold on 26 June. It involved purchasing a 15% stake from Kenya’s government and 5% from Vodafone Group to enable Safaricom’s operations to be consolidated into its own. Vodacom continued to pitch the deal as a boo…

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