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Vodafone sells $2.6 billion Safaricom Stake to S.African Unit Vodafone Group is simplifying its holdings in sub-Saharan Africa, selling a $2.6 billion stake in Kenya’s Safaricom Ltd. to its majority-owned Vodacom Group Ltd. Full story |
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DA to file urgent interdict against Brian Molefe's reappointment The Democratic Alliance (DA) said on Monday it would be filing for an urgent interdict at the North Gauteng High Court in a bid to stop Brian Molefe's reappointment as Eskom chief executive. Full story |
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Vodacom to spend R35bn on stake in Safaricom Vodacom announced on Monday it would acquire a strategic stake in Kenya’s Safaricom, the company that pioneered mobile money globally, for R34.6 billion. Full story |
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Sanlam forks out $329million Sanlam and Santam on Thursday increased their effective stake in Morocco-based SAHAM Finances by a further 16.6 percent, to 46.6 percent, for U.S.$329 million plus transaction costs after meeting all necessary regulatory approvals. Full story |
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