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Govt makes Sh244.5bn after selling 15pc stake in Safaricom divestment

NAIROBI, Kenya, Dec 4 – The government has offloaded a 15 per cent stake in Safaricom, unlocking Sh244.5 billion in proceeds as part of its plan to finance major infrastructure projects. Under the transaction, Vodacom Group will also acquire Vodafone Kenya’s entire shareholding, consolidating its control and raising its total stake in Safaricom to 55 […] The post Govt makes Sh244.5bn after selling 15pc stake in Safaricom divestment appeared first on The DailyMail- Kenya.


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