The High Court has extended a freeze on the sale of a 15 per cent stake in Safaricom Plc to parent firm Vodacom Group Limited, delaying a potential Sh244.5 billion windfall for the National Treasury.

• The deal's delay means the National Treasury may retain a Sh16 billion dividend if it maintains full ownership of its 35 per cent shareholding until August.
• Key parties involved include the High Court, the National Treasury, Safaricom Plc, and Vodacom Group Limited.
• The court dismissed the government's argument that halting the transaction would harm investor confidence, stating constitutional compliance cannot be subordinated to commercial convenience.