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/ 28 March 2008

Kenya power-sharing hits deadlock over Cabinet

Kenya’s political rivals traded accusations on Thursday over who is to blame for the deadlock in plans to create a unity government and end the country’s post-election crisis. The share flotation of top cellphone operator Safaricom — the largest IPO ever in East Africa — has also become an issue in the wrangling, officials and analysts say.

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/ 20 December 2007

Kenyan appeal court throws out Safaricom suit

A Kenyan Court of Appeal dismissed a suit seeking to stop the flotation of the country’s leading mobile operator Safaricom on Thursday, clearing the way for the government to go ahead with the offer. Three opposition legislators had sought to block the country’s biggest initial public offering, saying it had not been done transparently.