The Online Kenyan Logo

The Online Kenyan

C
Originally published by Capital Business
📰 Read Full Article
business
January 17, 2026
3h ago

NSE wants Safaricom stake sale done through the exchange

NSE wants Safaricom stake sale done through the exchange

The bourse warned that bypassing the exchange in favour of an off-market private deal would raise concerns around price transparency and market confidence. Kenya breaking news | Kenya news today |..

✨ Key Highlights

The Nairobi Securities Exchange (NSE) supports the National Treasury's plan to sell a 15 percent stake in Safaricom Plc, but only if the transaction occurs through the NSE Block Trading Board to ensure transparency and market confidence.

  • The NSE warned that an off-market private deal would raise concerns about price transparency and market confidence.
  • The proposed share price of Sh34 per share represents optimal value for the State, reflecting a 23.6 percent premium over the six-month volume-weighted average price.
  • A 10-year strategic investor lock-in is proposed to prevent Vodacom or Vodafone from transferring the acquired stake without National Assembly approval.

Continue Reading

Read the complete article from Capital Business

📰 Read Full Article
Advertisement

Related News

LSK rejects government proposal to sell a 15% stake in Safaricom
Video

LSK rejects government proposal to sell a 15% stake in Safaricom

N
NTV Kenya (Youtube)
15h ago
Safaricom appoints Sylvia Anampiu to lead Fixed Business as pay-as-you-go fibre plans near rollout
tech16h ago

Safaricom appoints Sylvia Anampiu to lead Fixed Business as pay-as-you-go fibre plans near rollout

Safaricom has appointed Sylvia Anampiu as Director of Fixed Business, effective January 5, 2026, to lead the rollout of flexible pay-as-you-go fibre plans in Kenya.

T
Techish Kenya
📰 Read Full Story
John Mark Makwatta afunga bao la ushindi katika debi yake ya Mathare United
Video

John Mark Makwatta afunga bao la ushindi katika debi yake ya Mathare United

C
Citizen TV (Youtube)
17h ago
Safaricom dealers warn against state stake sale to Vodacom
business20h ago

Safaricom dealers warn against state stake sale to Vodacom

The Safaricom Dealer Association has cautioned the Kenyan government against selling a 15 percent stake in Safaricom to Vodacom Group, fearing it could undermine Safaricom's dealer-based distribution model. The government plans to sell 6 billion shares at Sh34 per share, raising approximately Sh204.3 billion.

C
Capital Business
📰 Read Full Story
Govt Takes Action After Viral Nandi CCTV Footage
top22h ago

Govt Takes Action After Viral Nandi CCTV Footage

The Independent Policing Oversight Authority (IPOA) has launched investigations into a viral CCTV video from Nandi Hills, showing police officers assaulting young men at a pool hall on January 10, 2026. The incident, which sparked widespread online condemnation, prompted IPOA to dispatch a Rapid Investigations Team.

K
Kenyans
📰 Read Full Story
Advertisement