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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Vodacom Takes Control of Safaricom After Sealing Additional Stake Deal - June 2026
Vodacom has successfully acquired an additional 20 percent stake in Safaricom, now holding 55 percent control of the Nairobi Securities Exchange-listed operator. Kenyan businesses and individuals are being urged to secure their capital against emerging risks, including cybercrime, political violence, and extreme weather, by obtaining appropriate insurance coverage. Meanwhile, the Kenya Revenue Authority has refused to extend the tax filing deadline of June 30, 2026, despite widespread technical issues with its online iTax platform.
