Safaricom has received applications totaling Ksh 41.6 billion for the first tranche of its Medium-Term Note, an oversubscription of 175.7% against the initial Ksh 15 billion target. The company will exercise the full Ksh5 billion greenshoe, bringing total allocations for the tranche to Ksh20 billion, in line with the maximum amount approved to be taken […]
The government has invited Kenyans to comment on the proposed sale of the 15% stake at Safaricom PLC to Vodacom Group. In a notice on December 8, the National Assembly said the Cabinet Secretary (CS) for the National Treasury has submitted Sessional Paper No. 3 of 2025 on Partial Divestiture in Safaricom PLC by the […]
Safaricom has confirmed the proposed acquisition by Vodafone Kenya Limited of 15% of the issued shares in Safaricom PLC from the Government of the Republic of Kenya and an Internal Reorganisation of Vodafone Kenya Limited. In a notice on December 3, the shareholders of Safaricom PLC (“Safaricom”) have been advised that on 03 December 2025, […]