The government has now formally begun selling its 15 percent stake in Safaricom to Vodacom of South Africa—a transaction that, once combined with the sale of future dividend rights, will raise approximately Sh244.5 billion for the exchequer.
Two statutory notices—one issued by Vodafone Kenya under the Takeovers Regulations, and another by Safaricom PLC under the Public Offers and Disclosures Regulations—set out the architecture of the deal.
