The High Court has temporarily stopped the government’s planned sale of its 15 percent stake in Safaricom to Vodacom after issuing conservatory orders pending the hearing and determination of a constitutional petition challenging the transaction. A three-judge bench made up of Justices Francis Gikonyo, Roselyne Aburili and Tabitha Ouya ruled that the proposed deal raises
Capital markets regulators in Kenya, Uganda, and Tanzania have approved Asahi Group Holdings’ acquisition of East African Breweries PLC (EABL) shares from Diageo plc. The approval removes the need for a mandatory takeover offer. The announcement came from Asahi’s legal and financial advisers. These include A & O Shearman, ENS, Nomura and Absa. The firms
WPP Scangroup Plc has announced changes to its Board of Directors following the appointment of three new non-executive directors. In a notice dated May 15, 2026, the company confirmed the appointment of Ms. Kagiso Musi, Mr. Nick Douglas, and Mr. Manuel Segimon to the Board as non-executive directors. “The Board of Directors of WPP Scangroup
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