Safaricom has responded to the High Court judgment that nullified the sale of a 15 percent stake in the telecommunications company to Vodafone Kenya Limited, effectively part of the Vodacom Group. In a notice dated September 16, the company said it had taken note of the High Court’s judgment delivered on September 15, 2026, concerning
The people of Kenya have been bombarded with rumours and speculation about the government selling its stake in Safaricom Plc to South Africa ever since the government decided to reduce its ownership in the company. Nevertheless, the facts show numerous false statements regarding the issue. As far as the transaction goes, the Government of Kenya
The Vodacom Group, South Africa’s telecommunications group, has formally assumed majority ownership of Safaricom after buying out a stake worth Ksh 244.5 billion ($2.1 billion), taking its effective ownership to 55%, the largest ownership change in the telecommunications giant’s history. The acquisition transaction, which took place on June 30, 2026, was preceded by months of
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