Kenyan high court strikes down Vodacom acquisition of Safaricom

Kenyan high court strikes down Vodacom acquisition of Safaricom

Kenya’s High Court has declared the government’s sale of a 15% equity stake in Safaricom to South Africa’s Vodacom Group unconstitutional, ordering the shares restored to the state. The ruling nullifies the December transaction that would have increased Vodacom’s controlling interest in East Africa’s largest telecommunications provider to 55%, while reducing the Kenyan Treasury’s holding…

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US strikes launchers on Iran’s Larak Island in first known attack in weeks

US strikes launchers on Iran’s Larak Island in first known attack in weeks

Jordan’s army said shortly after the IRGC statement that it had intercepted eight missiles. “Air defense systems intercepted eight missiles that breached the Kingdom’s airspace at dawn today, Monday,” Jordan’s armed forces said in a statement, quoting the army’s spokesperson, reported by the state Petra News Agency. The US strike is the first known attack…

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