Vodafone Group, which owns 65 percent of Vodacom, has committed to influence the pick of a chair who will be Kenyan.
By
Dominic Omondi
Business Reporter
Nation Media Group
South Africa’s Vodacom will determine Safaricom’s next CEO if it acquires a majority stake in the telecom by purchasing the Kenyan Government’s 15 percent stake, under an agreement that will make Safaricom a subsidiary of Vodafone Group.
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Shocking but not surprising...
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The deal has dragged on, putting the State in line to receive a Sh16 billion dividend from the 15 percent stake if Kenya remains…
President William Ruto’s administration has suffered a major blow after the High Court declined to lift orders barring it from…
Group aims to derive 30% of service revenue from sources such as financial services
Two of Kenyas wealthiest and most influential business families are poised to receive a combined payout worth approximately $170…
Kenya’s home internet market is entering a new phase of competition as Safaricom moves aggressively into the low-cost broadband…
L’autorité de la concurrence en Afrique du Sud a annoncé, mercredi, recommander à son tribunal de valider le rachat du géant…
