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Originally published by The Standard Business
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December 10, 2025
3h ago

Mbadi: Why we sold Safaricom shares to Vodacom, not the public

Mbadi: Why we sold Safaricom shares to Vodacom, not the public

The planned sale faces growing scrutiny from citizens and lawmakers demanding clarity and transparency...

✨ Key Highlights

The National Treasury has defended its decision to sell a 15 percent stake in Safaricom to Vodacom, rather than offering it to the public.

  • The sale has drawn sharp criticism from the public.
  • The key organization involved is the National Treasury.
  • The sale involves Vodacom acquiring shares in Safaricom, Africa's most profitable company.

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