Muthoka enters list of Safaricom’s top 10 investors

Two billionaire investors have raised their stakes in telecommunications company Safaricom, indicating a shifting shareholders roll for the firm whose share price has been on a rally.

The share purchases, reflected in Safaricom’s latest regulatory filings, show investor John Kibunga Kimani is now the biggest individual shareholder of Safaricom while businessman Peter Muthoka has showed up on the list of the telco’s top ten individual investors for the first time.