Banks say 300m Safaricom shares should be sold to public

Nairobi, Jan. 15 -- Kenyan banks have lobbied Parliament to have the government sell 300.4 million shares of Safaricom to the public and dispose of the other 5.7 billion shares to South Africa's Vodac... Read More

Analysts say Safaricom sale based on outdated valuation

Nairobi, Jan. 14 -- Analysts have raised concerns over the valuation method used to determine the Sh34 per share price at which the government is selling a 15 percent stake in Safaricom to South Afric... Read More

State bets on Safaricom stake sale to finance infrastructure

Nairobi, Jan. 13 -- The Treasury plans to spend Sh204 billion raised from the partial sale of government shares in Safaricom exclusively on commercially viable infrastructure projects. Treasury Cabin... Read More