High Court nullifies government's 15% Safaricom stake sale
The High Court declared the government's sale of a 15 per cent stake in Safaricom to Vodafone Group at Sh34 per share null and void, finding the share purchase agreement was concluded on December 3, 2025, before policy and parliamentary approval processes were complete, and the Sh204.3 billion in proceeds was not tied to specific, costed projects.
18 September 2026 · The Standard →