ICT Secretary Joe Mucheru told a parliamentary team Tuesday that he is unaware of who is behind a 60 percent stake of Telkom Kenya that is held by Jamuhuri Holdings.
“A company ceases to be State Corporation when it has less shareholding. The investment secretary or the CS Treasury is competent to be able to provide the information that you need,” he said, prompting committee chairman Moitalel ole Kenta to end the meeting prematurely.
In 2019 Safaricom shareholders are GoK 35% Vodafone 40% Free Float 25%
Mobitelea Ventures Limited who mysteriously got 10% ownership of Safaricom shares allotted to them in 2003 quietly exited the scene over a decade ago. They sold their shares and moved on.
MPigs of 2003 could have forced the executive to disclose who were the owners of Mobitelea Ventures Limited.