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What Vodacom’s Ksh204B Safaricom deal means for CEO, Board and govt control

Vodacom’s Ksh204 billion acquisition of a 15 per cent stake in Safaricom has fundamentally changed who controls Kenya’s biggest telecommunications company, giving the South African group greater influence over the board and the appointment of the chief executive. The transaction increased Vodacom’s stake in Safaricom to 55 per cent after it acquired the government’s 15 […]

We haven't written up this one. People Daily Kenya has the full story — the link below goes straight to it.

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