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Kenya - Telkom Kenya transfers Safaricom stake to govt.

Telecompaper Africa/Asia

| November 16, 2007 | COPYRIGHT 2008 Financial Times Ltd. (Hide copyright information)Copyright

Telkom Kenya has transferred its 60 per cent stake in mobile operator Safaricom to the government. Investment Secretary Esther Koimett told a press briefing the equity swap deal, which will raise KES 64 billion, …

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