Court of Appeal to fast-track

Safaricom–Vodacom case
Kenya’s Court of Appeal is preparing to fast-track a legal dispute involving the proposed sale of a 15 per cent government stake in Safaricom to Vodacom. The transaction is valued at approximately US$1.9 billion.

The High Court had previously nullified the transaction, citing concerns that included public participation and the process used for the sale. The Court of Appeal is expected to give directions on the substantive appeal on 23 October, a case with implications for the sale of government-owned assets.