Kenyan government lists conditions for Safaricom sale

Kenya rules out expatriate leadership for Safaricom in Vodacom deal

The Kenyan government has moved to ensure local control over Safaricom by establishing strict leadership conditions for Vodacom Group as the South African giant prepares to take a controlling 55 percent stake in the telco. The government has mandated that the Chairman and Chief Executive Officer of Safaricom must, at all times, be Kenyan citizens. … The post Kenya rules out expatriate leadership for Safaricom in Vodacom deal appeared first on Te…

Kenyan government lists conditions for Safaricom sale

Kenya sets strict conditions for Vodacom’s 55% Safaricom takeover, insisting on Kenyan leadership, local suppliers, job security, and continued focus on domestic social initiatives.