Vodacom Deal Gives It Greater Say Over Safaricom CEO Appointment | Collector

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Vodacom Deal Gives It Greater Say Over Safaricom CEO Appointment

Kahawa Tungu

Vodacom Deal Gives It Greater Say Over Safaricom CEO Appointment

South Africa’s Vodacom is poised to gain majority control of Safaricom following a proposed acquisition of the Kenyan government’s 15 per cent stake in the telecommunications giant, a move that would elevate its shareholding to 55 per cent and make Safaricom a subsidiary of the Vodafone Group. Disclosures by Vodafone Group indicate that the transaction [...] The post Vodacom Deal Gives It Greater Say Over Safaricom CEO Appointment appeared first on Kahawatungu .

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