4 h. ago National Assembly Opens Public Participation on Safaricom 15% Stake Sale Amid Backlash

NAIROBI, Kenya Dec 8 – The National Assembly has officially initiated the public participation process for the government’s plan to sell a 15% stake in Safaricom PLC. This proposed partial divestment, contained in Sessional Paper No. 3 of 2025, is expected to raise approximately Sh244.5 billion but has drawn sharp criticism regarding potential undervaluation and […] The post National Assembly Opens Public Participation on Safaricom 15% Stake Sale Amid Backlash appeared first on The DailyMail- Kenya.

Politics

3 d. ago Mbadi: How Kenya Plans to Spend the Ksh244.5B Safaricom Stake Windfall

The government plans to sell a 15% stake in Safaricom to Vodacom Group Limited for Ksh.244.5 billion, the telco has announced. The stake, equivalent to 6,009,814,200 ordinary shares priced at Ksh.34 each, will reduce the State’s ownership in Safaricom from 35% to 20%. In addition to acquiring the government’s stake, Vodacom will buy a 5% interest from Vodafone International Holdings, raising its total shareholding in Safaricom from 35% to 55%. This gives Vodacom majority control for the first time since Safaricom’s listing in 2008. The government share acquisition links to an internal reorganisation where Vodacom will acquire Vodafone International Holdings The post Mbadi: How Kenya Plans to Spend the Ksh244.5B Safaricom Stake Windfall appeared first on Nairobi Wire.

Politics

3 d. ago Vodafone Kenya to Secure 55 Percent Stake in Safaricom in $1.6 Billion Deal

Vodafone Kenya to Secure 55 Percent Stake in Safaricom in $1.6 Billion Deal  Birr Metrics

Economics

3 d. ago Kenyan Government to sell its Safaricom shares to Vodafone a $1.6B deal

Kenyan Government to sell its Safaricom shares to Vodafone a $1.6B deal  Dawan Africa

Politics

4 d. ago 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.

Politics

4 d. ago Vodafone to acquire majority control of Kenya's Safaricom in $1.6bn deal

Vodafone to acquire majority control of Kenya's Safaricom in $1.6bn deal  TRT Afrika

Politics

4 d. ago Vodafone’s African unit to acquire controlling stake in Kenya’s Safaricom

Vodafone’s African unit to acquire controlling stake in Kenya’s Safaricom  Investing.com

Politics

4 d. ago Vodafone Kenya to Acquire Additional 15% Safaricom Stake in Major Restructuring

Vodafone Kenya to Acquire Additional 15% Safaricom Stake in Major Restructuring  TechAfrica News

Sport

4 d. ago Safaricom Shares: Vodafone Kenya to Buy Govt’s 15% Stake in $1.5bn Deal

Safaricom Shares: Vodafone Kenya to Buy Govt’s 15% Stake in $1.5bn Deal  ChimpReports

Economics

4 d. ago Kenya to net $1.57bn as Vodafone moves for Safaricom control

Kenya to net $1.57bn as Vodafone moves for Safaricom control  TechCabal

Politics

4 d. ago Safaricom: Vodafone Kenya aims to buy extra 15% stake from government

Safaricom: Vodafone Kenya aims to buy extra 15% stake from government  ET Telecom

Politics

4 d. ago Kenya's Safaricom: Vodafone Kenya aims to buy extra 15% stake from government

Kenya's Safaricom: Vodafone Kenya aims to buy extra 15% stake from government  Reuters

Politics

4 d. ago Kenya's Safaricom: Vodafone Kenya does not intend to launch a take

Kenya's Safaricom: Vodafone Kenya does not intend to launch a take-over offer of Safaricom  MarketScreener

Politics

4 d. ago Kenya's Safaricom: Vodafone Kenya has an intention to acquire additional shares in Safaricom from the government representing a 15% stake in Safaricom

Kenya's Safaricom: Vodafone Kenya has an intention to acquire additional shares in Safaricom from the government representing a 15% stake in Safaricom  MarketScreener

Politics

4 d. ago Kenya's Safaricom: Vodafone Kenya aims to buy additional 15% stake from government

Kenya's Safaricom: Vodafone Kenya aims to buy additional 15% stake from government  TradingView

Politics

2 w. ago Vodacom in Talks with the Kenyan Government to Acquire an Additional Stake in Safaricom

Vodacom in Talks with the Kenyan Government to Acquire an Additional Stake in Safaricom  african markets

Politics

2 w. ago Vodacom In Talks With Kenya To Acquire Part Of Government’S Stake In Safaricom

Vodacom In Talks With Kenya To Acquire Part Of Government’S Stake In Safaricom - Bloomberg News  TradingView

Politics