There are concerns that Vodacom Group is leveraging its insider knowledge and controlling position to acquire Safaricom shares at a reduced price, prioritising its own long-term gains.
Even with the conclusion of public hearings on the sale of Safaricom shares, Kiharu MP Ndindi Nyoro insists that the sale must be halted immediately and advertised internationally.
Safaricom is widely seen as a national asset and therefore its success has been built on consumers, workers, and even public infrastructure drawn from across the country.
Preparations intensify as KCB Bank pumps Sh227 million in the Naivasha showdown. Kenyan leg set to rev-off on March 12 and will be defended by Elfyn Evans of Toyota Gazoo.
Safaricom has committed Sh10 million in support of the upcoming HSBC SVNS2 Rugby Sevens Tournament, scheduled for this weekend at Nyayo National Stadium.
Residents of Vihiga County have expressed sharply divided opinions over the government’s proposal to sell part of its shareholding in Safaricom PLC to the Vodacom Group.