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Ruto government loses Sh16 billion in rush to sell Safaricom stake

WORLDBIZNAKENYAWed, 01 Jul 2026
Ruto government loses Sh16 billion in rush to sell Safaricom stake

The government of President William Ruto has sold a 15 percent Safaricom stake to South Africa’s Vodacom Group. This sale took place barely three days after the Court of Appeal lifted orders that had been issued by...

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