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Originally published by The Standard Business
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February 5, 2026
4h ago

Last big cheque: State to earn Sh11.2b Safaricom dividend as share sale nears

Last big cheque: State to earn Sh11.2b Safaricom dividend as share sale nears

Safaricom declared a record interim dividend, providing a timely cash infusion ahead of the state's sale of a major stake in the company to South Africa's Vodacom Group...

✨ Key Highlights

The National Treasury is set to receive a substantial Sh11.92 billion dividend payout from Safaricom, providing a significant cash injection for the government. This comes after Safaricom declared a record interim dividend, coinciding with an impending sale of a major stake in the company to South Africa's Vodacom Group.

  • Safaricom's board approved an interim dividend of Sh0.85 per share for the year ending March 2026.
  • The payout offers a timely financial boost for the cash-strapped National Treasury.
  • This dividend precedes the State's sale of a significant stake in Safaricom to Vodacom Group.

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