Vodacom Seeks Larger Safaricom Stake

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Vodacom is in discussions to increase its stake in Safaricom. The South African operator currently holds about 39.93% of Kenya’s largest telecom company, valued at roughly KSh 1.19 trillion. The negotiations come as Kenya considers possible structural changes at Safaricom. Neither Vodacom nor the Kenyan Treasury has commented publicly. Increasing its holding would expand Vodacom’s position in one of East Africa’s most significant telecom markets.