Government Appeals High Court Decision Nullifying Safaricom 15% Stake Sale - September 2026

The Kenyan Government has formally appealed a High Court decision that nullified the sale of a 15% stake in Safaricom, escalating the ongoing dispute over the telecommunications giant's ownership. Safaricom has announced the completion of the sale of the 15% stake held by the government, finalized on June 30 this year. The Kenyan opposition, led by Kalonzo Musyoka, has commended the High Court for annulling the sale of government shares in Safaricom and is urging the government to respect the court's ruling. This legal battle centers on the government's attempt to sell its significant shareholding in the telecom company.