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Originally published by Techish Kenyatech
September 16, 2026
59m ago
Safaricom tells the market it is reviewing the judgment that voided the Vodacom sale
Safaricom told investors it is reviewing the High Court judgment that voided the government's 15 per cent sale to Vodacom...
✨ Key Highlights
Safaricom has announced it is reviewing a High Court judgment that declared the government’s sale of a 15 per cent stake to Vodafone Kenya null and void.
- The sale involved 6,009,814,200 Safaricom shares valued at KES 244.5 billion.
- Key organizations involved include Safaricom, Vodafone Kenya, Vodacom Group, and the Government of Kenya.
- The High Court cited a lack of meaningful public participation and an arbitrary pricing framework in its ruling on 15th September.
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