CDH acts as legal counsel to Vodacom Group Limited and Vodafone Kenya Limited

CDH acts as legal counsel to Vodacom Group Limited and Vodafone Kenya Limited on its acquisition of a further effective 20% of the issued share capital of Safaricom PLC as well as its acquisition of the Government of Kenya's right to future Safaricom PLC dividends amounting to KES55,700,000,000.

8 Dec 2025 1 min read Featured work

CDH's Corporate & Commercial, Banking, Finance & Projects, Competition Law, and Tax & Exchange Control teams acted for Vodacom Group Limited and Vodafone Kenya Limited in a recent transaction whereby Vodacom Group Limited will acquire a further effective 20% of the issued share capital of Safaricom PLC for a total consideration of USD2.1 billion (approximately R36 billion) as well as acquire the Government of Kenya's right to future Safaricom PLC dividends amounting to KES55 billion (R7.4 billion) for an upfront payment of KES40 billion (R5.3 billion).

The transactions are now in their implementation phase and are subject to various conditions precedent and regulatory approvals.

THE TEAM BEHIND THE DEAL

Ian Hayes

Ian Hayes

Practice Head, Director

Corporate & Commercial Law

Ludwig Smith

Ludwig Smith

Director

Corporate & Commercial Law

Sammy Ndolo

Sammy Ndolo

Kenya Managing Partner, Partner

Corporate & Commercial Law

Yaniv Kleitman

Yaniv Kleitman

Director

Corporate & Commercial Law

Brian Muchiri

Brian Muchiri

Partner

Banking, Finance & Projects

Alex Kanyi

Alex Kanyi

Partner

Tax & Exchange Control

Nelisiwe Khumalo

Nelisiwe Khumalo

Senior Associate

Competition Law

Deborah Sese

Deborah Sese

Senior Associate

Corporate & Commercial Law

Keagan Hyslop

Keagan Hyslop

Associate

Corporate & Commercial Law

Lloyd Smith

Lloyd Smith

Associate

Banking, Finance & Projects

Christopher Kode

Christopher Kode

Associate

Competition Law

Denis Maina

Denis Maina

Associate

Tax & Exchange Control

Sara Ndei

Sara Ndei

Associate

Corporate & Commercial Law

Nicholas Owino

Nicholas Owino

Associate

Corporate & Commercial Law