Safaricom has strengthened its position as East Africa’s leading telecommunications company after reporting record revenue, millions of customers and the biggest dividend payout in Kenya’s corporate history. The latest figures show how the company has grown beyond mobile services into digital payments, investments and regional expansion, making it one of the country’s largest taxpayers and
Questions over who owns Safaricom and who makes decisions at the company have become more common following the recent changes in the shareholding structure. While the terms ownership, board of directors, management, and Chief Executive Officer (CEO) are often used interchangeably, they refer to different parts of the company’s leadership structure, and each has its
The Government of Kenya’s sale of its15% stake in Safaricom to Vodacom has sparked public debate about what it means to own shares in a listed company and whether a majority shareholder takes over the running of the business. The transaction was completed on June 30, 2026, increasing Vodacom’s stake in Safaricom from 40% to
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