Members of Parliament have cleared the way for the government to sell its 15% stake in Safaricom PLC to Vodacom Group. The deal should raise over Sh204 billion, providing a massive boost for national infrastructure projects. The House Public Debt and Privatization Committee, alongside the Finance Committee, recommended the transaction and directed that the money go straight into the National Infrastructure Fund. Both committees tabled a joint report to guide the sale and provide clear oversight. Co-chaired by Molo MP Kimani Kuria and Mbalambala MP Shurie Abdi, the joint committee also took specific steps to protect the jobs of hundreds The post MPs Approve Safaricom 15% Stake Sale to Vodacom, Raising Over Sh204 Billion for Infrastructure appeared first on Nairobi Wire.