MPs demand clarity over Vodacom share deal and fund usage
Business
MPs demand clarity over Vodacom share deal and fund usage
The Sessional Paper 3 outlines plans to sell six million Safaricom shares to Vodacom at Sh34 per share, representing a 23.6 per cent premium over the six-month average price ending December 2, 2025. Following the sale, the government’s stake will reduce from 35 per cent while Vodacom’s holding rises from 40 per cent to 55 per cent.
By Maureen Kinyanjui