KANU Spokesman Tony Gachoka and activist Prof. Fredrick Ogola go to war in the High Court, accusing President Ruto’s administration of orchestrating a secret, non-competitive sellout of Kenya’s most critical national asset — with Vodacom allegedly a willing accomplice. The prize at stake: control of Safaricom, M-Pesa, and the private data of 38 million Kenyans.
Nairobi — The political and corporate storm engulfing Safaricom PLC intensified on Tuesday after Kileleshwa MCA Robert Alai publicly called for the removal of chief executive Peter Ndegwa, declaring that “Ndegwa should be removed as Safaricom CEO. He is becoming rogue.” Alai’s intervention adds combustible local politics to an already volatile debate over the government’s […]
Once the shares change hands, the government’s ability to influence the strategic direction of a company that touches virtually every corner of the Kenyan economy will diminish considerably.
