Vodacom afforded ‘fast-track’ appeal as courts threaten to unravel Safaricom deal

vfw251-vodacom safaricom latest

Source: Vodafone

South African operator secures stay of execution and accelerated appeals process, but the threat remains that Vodacom may be forced to unwind its $2bn move to take majority control of Safaricom…

This article includes:

  • Themes: Corporate governance; Earnings guidance; Legal dispute; Majority ownership; Privatisation; Shareholder structure; Telecommunications investment.
  • People: Kalonzo Musyoka; Margherita Della Valle; Shameel Joosub.
  • Geographic: Kenya; South Africa; UK.
  • Organisations: Court of Appeal of Kenya; Government of Kenya; High Court of Kenya; Safaricom; Vodacom; Vodafone Group.

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