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Originally published by Capital Business
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business
July 1, 2026
4h ago

Vodacom acquires 15pc Govt’s stake in Safaricom after court ruling

Vodacom acquires 15pc Govt’s stake in Safaricom after court ruling

The acquisition increases Vodafone Kenya Limited's, a subsidiary of Vodacom, shareholding in Safaricom to 55 percent, while the government's stake falls to 20 percent from 35 percent. Public investors will continue to hold the remaining 25 percent of the listed telecommunications..

✨ Key Highlights

Vodacom has successfully acquired the Kenyan government’s 15% stake in Safaricom following a Court of Appeal ruling that lifted conservatory orders blocking the transaction.

  • Vodafone Kenya Limited, a Vodacom subsidiary, now holds 55% of Safaricom.
  • The Kenyan government’s stake in Safaricom has decreased from 35% to 20%.
  • The deal, previously halted by the High Court due to constitutional concerns, is valued at approximately Sh204 billion.

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