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Safaricom Shareholders to Weigh Vodafone’s Future CEO Nomination Rights

Safaricom Shareholders to Weigh Vodafone’s Future CEO Nomination Rights

Safaricom shareholders are set to vote on whether to grant Vodafone Kenya the right to nominate the CEO once its ownership exceeds 50%. Vodacom, via Vodafone Kenya, currently holds about 39.9% and has signaled plans to increase its stake, pending completion.

Original headline

Safaricom shareholders to vote on Vodafone's right to pick CEO