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Originally published by The Standard BusinessDecember 4, 2025
2h ago
Treasury rakes in Sh245b from Safaricom sale transaction
Vodacom also agreed to buy the right to receive future Safaricom dividends and will make an upfront payment of Sh40.2 billion to the Treasury...
✨ Key Highlights
The Kenyan Treasury has successfully raised Sh244.5 billion from the sale of a 15 percent stake in Safaricom to Vodacom. This significant transaction was formalized on December 4, 2025.
- The government garnered Sh244.5 billion from the sale.
- The sale involved a 15 percent stake in Safaricom.
- The buyer of the stake was Vodacom Group.
- The agreement was signed by Treasury CS John Mbadi and Vodacom Group CEO Shameel Joosub.
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