Kenya’s Court of Appeal is fast-tracking the hearing of an appeal involving the Safaricom–Vodacom transaction, after a previous court ruling voided the sale of a government-held stake in Safaricom to Vodacom. The deal is valued at about R31 billion (around R31.28 billion, depending on the source).
In September, a Kenyan high court ordered that the 15% Safaricom stake sold to Vodacom be returned to the Treasury. TechCentral adds that the shares and the purchase price paid to Kenya’s government remain in place while the fast-tracked appeal is heard, effectively pausing the outcome of the lower-court order pending the appellate review. Outlets also describe the appeal process timing consistently, framing it as an urgent review rather than a routine timetable.
The different coverage focuses on the same core sequence: the high court’s voiding of the stake sale, the government’s direction to reverse the transaction, and the Court of Appeal’s decision to accelerate the appellate hearing before any transfer is completed.
