Telkom Plaza Head Office on Ralph Bunche Road.[Wilberforce Okwiri,standard]
Telkom Plaza Head Office on Ralph Bunche Road.[Wilberforce Okwiri,standard]
In October 2023, the Cabinet rescinded a decision to buy back the majority shareholding in Telkom Kenya from Jamhuri Holdings Ltd, a subsidiary of London-based private equity firm Helios Investment Partners.
This followed a joint parliamentary inquiry that found the government’s Sh6 billion buyout of Helios, conducted a few days before the 2022 General Elections, was unprocedural.
The transaction did not receive the...