Kenya Moves to Control Safaricom’s Future Expansion Beyond Ethiopia

Safaricom’s next international expansion may be decided as much in Nairobi as in the boardroom. Among the governance changes due for a shareholder vote later this month is a provision requiring the Government of Kenya’s approval before the telecommunications company… Safaricom’s next international expansion may be decided as much in Nairobi as in the boardroom. Among the governance changes due for a shareholder vote later this month is a provision requiring the Government of Kenya’s approval before the telecommunications company…