Africa in BusinessAfrica in Business

Vodacom gets the green light to set-up in east Africa

View descriptionShare
 

South Africa's telecommunications giant announced the completion of its acquisition of an additional 20% effective stake in Safaricom PLC. This follows the staying of a conservatory order by the Court of Appeal in Kenya on the 26th of June this year and the fulfilment of all remaining conditions.

The transaction, which is valued at $2.1 billion was first announced in December 2025 and sees Vodacom acquire a 15% stake from the Government of Kenya.

To talk about the significance of this deal, Thami Ngobeni spoke to Channel Africa's East African correspondent in Nairobi, Daniel Ominde .

  • Facebook
  • X (Twitter)
  • WhatsApp
  • Email
  • Download

In 1 playlist(s)

Africa in Business

In-depth financial issues, profiling of African businesses doing well internationally, stocks & mark 
Social links
Recent clips
Browse 3,717 clip(s)