Mbadi: How Kenya Plans to Spend the Ksh244.5B Safaricom Stake Windfall
[Nairobi Wire - Kenya] - 5/12/2025
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 (…)
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