Billionaire John Kibunga Kimani raised his stake in telco giant Safaricom by 8.64 million shares to 27.7 million units in the six months to December 2023, joining investors who have taken advantage of the stock’s lower price to add to their holdings.
The additional shares are valued at Sh113.12 million, going by the company’s closing price of Sh13.10 a share on Friday.
