Kenya finalises Safaricom stake sale as Vodacom takes 55% control

O’hayo,

Victoria from Techpoint here,

Here’s what I’ve got for you today:

Vodacom gains majority control of Safaricom CA moves to penalise telcos for poor service MTN says migration protests haven’t hit operations Vodacom gains majority control of Safaricom

Vodacom

Vodacom has officially taken majority control of Safaricom after completing its $2.1-billion acquisition of the Kenyan government’s 15% stake in the telecom giant, just days after the Court of Appeal cleared the long-delayed transaction. The deal, completed on June 30, increases Vodacom’s shareholding from 35% to 55%, making the South African operator the controlling shareholder in East Africa’s largest

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