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High Court declares Safaricom shares sale null and void

  • | Citizen TV
    5,024 views
    Duration: 3:10
    A three-judge bench of the High Court has declared the sale of a 15 percent stake in Safaricom null and void, ruling that the process violated the Constitution. In its four-hour-long judgment, the court found that adequate public participation was not undertaken during the sale process. Seth Olale followed the proceedings and filed the following report.