South Africa’s Vodacom Group says it will file an appeal besides seeking a stay order to retain its majority ownership in Safaricom, after Kenya’s High Court nullified its acquisition of an extra 20 percent stake in the telco on June 30, 2026.
The court on Tuesday said the National Treasury concealed material information regarding the sale of its 15 percent stake in Safaricom, including the fact that it resulted in Vodacom taking a controlling 55 percent stake in the Nairobi Securities Exchange-listed firm.
