High Court puts Safaricom 15% stake judgment off to 15 September, 11am
Key points
- High Court postponed judgment on a case seeking to stop the government’s planned 15% Safaricom sale.
- New date: 15 September 2026, 11am, virtual. Justice Francis Gikonyo cited voluminous, complex filings; the three-judge bench had worked late.
- The Court of Appeal had already lifted a High Court freeze so the sale could proceed while the case lives.
- Wiper’s Kalonzo Musyoka, in court, accepted the delay: “The country is waiting for the decision of this court.”
The judgment that was supposed to land this window now has a calendar stamp: 15 September 2026, 11 am, on a screen. Justice Francis Gikonyo said the three-judge bench had sat late over the government’s planned 15 per cent Safaricom sale and still needed more time, Eastleigh Voice reported.
“The large volume of documents presented in this case requires meticulous scrutiny.” He apologised and tied the extra weeks to judicial accountability — a full answer, not a rushed one. The fight is over whether the state can sell that slice of Kenya’s largest listed company. The Court of Appeal has already lifted earlier High Court orders that froze the deal, so the transaction can move while the merits stay in court. MPs have previously waved through a related Sh244 billion package amid opposition noise. Wiper leader Kalonzo Musyoka, in the courtroom, said the parties had no objection to 15 September but that the country is waiting. A postponed ruling is not a cleared sale — Treasury still has a live file and a live bench.
A new date is not a green light
Appeal-court lift plus a September diary means bankers can prepare papers the judges have not yet blessed. Watch the 11am virtual delivery, not the next Treasury tweet.
Business desk: Business. Verified 15%, 15 September 11am, three-judge bench and Kalonzo remark from Eastleigh Voice.
The court should publish the virtual link early. Treasury should say whether any sale step is paused until that hour.
Shareholders should treat 15 September as the next legal fact, not a price tip.
Readers should cross-check any deadline, fee, court date or programme claim against primary gazettes, agency circulars and court records before acting on this report.
Official gazettes, court rulings and agency circulars may update these facts after publication; readers should verify any deadline, fee or court date against primary sources before acting.
Based on Eastleigh Voice reporting of Justice Gikonyo’s mention. The sale remains disputed.
