2 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

47 h. ago Kenya Sells $1.6bn Safaricom Stake, Hands Vodacom Control as Ruto Hunts Cash to Ease Fiscal Strain

Kenya Sells $1.6bn Safaricom Stake, Hands Vodacom Control as Ruto Hunts Cash to Ease Fiscal Strain  Tekedia

Politics

49 h. ago Nominated MP Joseph Hamisi dies at 56, Wetang’ula says death great loss

The National Assembly mourns the death of Nominated MP Denar Joseph Hamisi, 56. Speaker Moses Wetang’ula praises his humility, professionalism, and dedication to national service. Funeral arrangements will be communicated soon.

Events

3 d. ago Explaining Kenya’s sale of 15 per cent Safaricom stake to Vodacom

Explaining Kenya’s sale of 15 per cent Safaricom stake to Vodacom  People Daily

Politics

3 d. ago Kenya: Vodacom Acquires 20% Stake in Safaricom, Shifting Ownership Dynamics.

Kenya: Vodacom Acquires 20% Stake in Safaricom, Shifting Ownership Dynamics.  Broadcast Media Africa

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 Governor Barasa Orders Probe After Three Die in Kakamega Mining Forum Violence

NAIROBI, Kenya Dec 4- Kakamega Governor Fernandes Barasa has ordered an immediate and thorough investigation following a tragic outbreak of violence at a public participation meeting on Thursday, which claimed the lives of three people and left eighteen others seriously injured. The incident occurred at Emusali in Ikolomani Constituency during a NEMA-convened forum discussing the […] The post Governor Barasa Orders Probe After Three Die in Kakamega Mining Forum Violence appeared first on The DailyMail- Kenya.

Events

3 d. ago Vodacom Group Purchases Controlling Stake In Kenya's Safaricom

Vodacom Group Purchases Controlling Stake In Kenya's Safaricom  WeeTracker

Politics

3 d. ago Speaker Wetang’ula confirms Kwanza MP is receiving treatment in India

NAIROBI, Kenya Dec 4-National Assembly Speaker Moses Wetang’ula on Tuesday moved to dispel persistent rumours claiming that Kwanza MP Ferdinand Wanyonyi had died, assuring the House and the country that the legislator is alive and responding well to treatment in India. Speaker Wetang’ula revealed that Wanyonyi had spent about a month at Nairobi Hospital, after […] The post Speaker Wetang’ula confirms Kwanza MP is receiving treatment in India appeared first on The DailyMail- Kenya.

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 Kenya to sell 15% Safaricom stake to Vodacom, hand over majority control

Kenya to sell 15% Safaricom stake to Vodacom, hand over majority control  The Africa Report

Politics

3 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

3 d. ago Vodacom to acquire majority stake in Kenya’s Safaricom for R35.77 billion

Vodacom to acquire majority stake in Kenya’s Safaricom for R35.77 billion  africannewsagency.com

Politics

4 d. ago British High Commission protests omission of its responses to BATUK inquiry

NAIROBI, Kenya, Dec 4 — The British High Commission in Kenya has expressed disappointment after its formal submission to a parliamentary inquiry into the British Army Training Unit Kenya (BATUK) was not reflected in the final report released by the National Assembly’s Defence, Intelligence and Foreign Relations Committee. In a statement issued on Wednesday, the […] The post British High Commission protests omission of its responses to BATUK inquiry appeared first on The DailyMail- Kenya.

Events

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 sell 15% Safaricom stake to Vodacom in $1.6 billion deal

Kenya to sell 15% Safaricom stake to Vodacom in $1.6 billion deal  MarketScreener

Economics

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