Court declines to lift orders blocking Safaricom sale as Vodafone loses bid to exit case

President William Ruto’s administration has suffered a major blow after the High Court declined to lift orders barring it from selling a 15 per cent stake in Safaricom valued at over Sh205 billion. ..

✨ Key Highlights

The High Court has dealt a blow to the Kenyan government by declining to lift orders that block the sale of a 15 per cent stake in Safaricom. Vodafone and its subsidiary Vodacom also failed in their bid to be removed from the case.

The blocked sale is valued at over Sh205 billion.
Key parties involved include the Kenyan government, Safaricom, Vodafone, and Vodacom.
A three-judge bench comprising Justices Francis Gikonyo, Roselyne Aburili, and Tabitha Ouya delivered the ruling.