3 h. ago “Ruto is Selling Everything that is Working”: Gachagua Uses Cow Metaphor to Criticize Safaricom Sale

Former Deputy President Rigathi Gachagua has sharply criticized President William Ruto for selling off key national assets, including Safaricom, without involving the public. Speaking on Sunday, December 7, 2025, during a church service at Christian Dominion Ministries in Kasarani, Nairobi, Gachagua warned that Kenya is losing vital institutions that have historically driven the economy. He argued that the government’s decision to sell Safaricom shares undervalues one of the country’s most profitable enterprises. “The country is being sold every day. Safaricom has been one of the greatest revenue generators for our country, about Ksh18B to Ksh20B every year. Sasa share moja The post “Ruto is Selling Everything that is Working”: Gachagua Uses Cow Metaphor to Criticize Safaricom Sale appeared first on Nairobi Wire.

Economics

3 h. ago “Let Kenyans Get Full Value”: Ndindi Nyoro Urges Competitive Bidding in Safaricom Share Sale

Kiharu Member of Parliament Ndindi Nyoro has urged the government to sell Safaricom shares through a transparent, competitive bidding process instead of transferring them to a specific company. Speaking during a church service in his constituency on Sunday, December 7, 2025, Nyoro voiced concerns that the planned sale of government-held Safaricom shares to South Africa-based Vodafone has contributed to the undervaluation of the shares. “Let us not rush the sale of a 15 per cent share in Safaricom. Let’s give people a chance to compete,” he said. “Let’s open a competition of bids so that we can have many companies The post “Let Kenyans Get Full Value”: Ndindi Nyoro Urges Competitive Bidding in Safaricom Share Sale appeared first on Nairobi Wire.

Politics

44 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

63 h. ago Safaricom becomes Kenya’s new anchor for infrastructure financing

Safaricom becomes Kenya’s new anchor for infrastructure financing  The EastAfrican

Politics

66 h. ago When Banking AI Meets Mobile Money: Safaricom, MPesa and Kenya’s Digital Finance Revolution

When Banking AI Meets Mobile Money: Safaricom, MPesa and Kenya’s Digital Finance Revolution  Dawan Africa

Economics

68 h. ago CS Mbadi: Kenya gave Vodacom Sh15bn discount in Safaricom share sale, here's why

CS Mbadi: Kenya gave Vodacom Sh15bn discount in Safaricom share sale, here's why  Daily Nation

Politics

2 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 Vodacom acquiring controlling share of Kenya's Safaricom in multi

Vodacom acquiring controlling share of Kenya's Safaricom in multi-billon deal  EWN

Sport

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 Vodacom Group Purchases Controlling Stake In Kenya's Safaricom

Vodacom Group Purchases Controlling Stake In Kenya's Safaricom  WeeTracker

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

3 d. ago Vivo Energy Kenya and Safaricom Partner to Unlock Value for Drivers

Vivo Energy Kenya and Safaricom Partner to Unlock Value for Drivers  IT News Africa

Politics

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 Why Kenya kept retail investors out of its biggest Safaricom sale yet

Why Kenya kept retail investors out of its biggest Safaricom sale yet  TechCabal

Economics

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

3 d. ago South Africa telecoms giant Vodacom to take control of Kenya's Safaricom

South Africa telecoms giant Vodacom to take control of Kenya's Safaricom  Yahoo Finance

Politics

3 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