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Originally published by Nation Businessbusiness
September 15, 2026
1d ago
Null and void: High Court declares Safaricom share sale to Vodacom illegal
High Court says share sale was done in contravention of Constitution and the law ...
✨ Key Highlights
The High Court has declared the sale of 15 percent of Safaricom shares to Vodacom for Sh204.3 billion as illegal and ordered the shares to be restored.
- The deal was found to be in contravention of the Constitution.
- Key organizations involved are Safaricom and Vodacom.
- The court termed the divestiture null and void on Tuesday.
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