Safaricom Dealers Warn on Vodacom Sale

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Kenya’s Safaricom Dealer Association warned that the government’s plan to sell a 15% stake in Safaricom to Vodacom Group could disrupt the company’s dealer-led distribution model. Dealers said Vodacom’s centralized approach in other markets contrasts with Safaricom’s shared-prosperity system. They cautioned the sale may affect contracts, jobs, and governance, urging safeguards to protect dealers and preserve the existing operating structure.