Home Business Safaricom takes 56pc stake in Ethiopia firm

Safaricom takes 56pc stake in Ethiopia firm

safaricom plc
Share


Business Daily | by Victor Juma


Safaricom has raised its controlling stake in Global Partnership for Ethiopia, the consortium that has made a bid for one of two telecoms licences in Kenya’s northern neighbour, to 56 percent from the 51 percent announced previously.

Details of the consortium’s latest ownership structure was disclosed Tuesday by South Africa-based Vodacom Group which owns a 34.9 percent stake in Safaricom…

Read more…


Share

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version