×
App Icon
The Standard e-Paper
Home To Bold Columnists
★★★★ - on Play Store
Download Now

Mbadi: Cash raised from Safaricom shares sale to fund infrastructure

Vocalize Pre-Player Loader

Audio By Vocalize

Treasury CS John Mbadi and Vodacom Group CEO Shameel Joosub after signing a long-term partnership to sale 15 per cent stake in Safaricom shares to Vodacom in Nairobi, on December 4, 2025. [Edward Kiplimo, Standard]

The government's planned sale of a 15 per cent stake of its shareholding in Safaricom to Vodafone Kenya for Sh244.5 billion will help to raise money for critical infrastructure projects.

Premium Article

Get Full Access for Ksh299/Week.

Fact-first reporting that puts you at the heart of the newsroom. Subscribe for full access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
Enterprise
Why AI is gaining prominence in Africa's new investment agenda
Enterprise
New push to formalise garbage collection SMEs
Opinion
The power of patience, psychology and strategy in debt recovery
Enterprise
Motivational speakers: When they sell you false business hopes