Storyline
Court Clears Safaricom Sale to Vodacom
Timeline
- Fri, Jul 3LatestUnverified — not yet reviewed
Kenya government receives Sh200bn as Vodacom completes 55% Safaricom stake acquisition
The Kenyan government is set to receive Sh200 billion in proceeds from the sale of a Safaricom stake to Vodacom, finalising the financial leg of the transaction. Vodacom now holds 55 percent majority control of East Africa's most prominent telco and fintech platform. The capital event marks a landmark shift in Safaricom's ownership and strategic governance.
- Thu, Jul 2Unverified — not yet reviewed
Vodacom completes 55% Safaricom stake acquisition
Kenya has finalised the sale of a Safaricom stake to Vodacom, with the South African operator now holding 55 percent majority control of East Africa's most-watched telco and fintech platform. The ownership shift reshapes the governance and strategic direction of Safaricom and its M-Pesa subsidiary. Airtel Kenya has simultaneously appointed a new managing director as competition with the restructured Safaricom intensifies.
- Wed, Jul 1Unverified — not yet reviewed
Airtel Kenya appoints new MD as Safaricom rivalry intensifies
Airtel Kenya has appointed a new managing director as its competition with Safaricom continues to sharpen. The leadership change comes at a critical juncture following recent developments in Safaricom's ownership structure.
- Sat, Jun 27Unverified — not yet reviewed
Kenya court clears Safaricom stake sale to Vodacom
A Kenyan court has green-lit the sale of a Safaricom stake to Vodacom, marking a landmark cross-border telecom ownership transaction in one of Africa's most closely watched mobile markets. The judicial clearance removes a significant legal obstacle to the deal's completion.