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Originally published by Nation Business

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business

June 30, 2026

5h ago

Vodacom takes control of Safaricom after sealing additional stake deal

The deal reshapes Safaricom’s ownership structure, leaving the Kenyan government with 20pc stake...

✨ Key Highlights

Vodacom has successfully acquired an additional 20 percent stake in Safaricom, now holding 55 percent control of the Nairobi Securities Exchange-listed operator.

Vodacom's stake in Safaricom increased to 55 percent.
The deal was completed after the Court of Appeal lifted orders blocking the sale.
The National Treasury will receive Sh204.3 billion from the sale of its stake, plus a Sh40.2 billion dividend top-up.

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