Kenya's foreign exchange reserves are set to climb to a seven-month high, bolstered by proceeds from the sale of a 15 per cent government stake in telecoms giant Safaricom
Vodafone Kenya, a subsidiary of South Africa's Vodacom Group, will gain the power to nominate Safaricom's next CEO, under governance changes set for a shareholder vote later this month.
Ndindi Nyoro has intensified his opposition to the government's sale of its stake in Safaricom, calling for the transaction to be annulled over what he described as deliberate share price manipulation
Ndindi Nyoro has intensified his opposition to the government's sale of its stake in Safaricom, calling for the transaction to be annulled over what he described as deliberate share price manipulation
Ndindi Nyoro has intensified his opposition to the government's sale of its stake in Safaricom, calling for the transaction to be annulled over what he described as deliberate share price manipulation
Kalonzo questioned the timing of the transaction, noting that it was concluded while a constitutional petition challenging the sale remains pending before the High Court.