Shareholders of Kenyan telecoms firm Safaricom are due to vote on whether to give Vodafone Kenya the right to nominate the company's chief executive officer, once Vodafone holds more than 50 percent of Safaricom's shares, Safaricom said on Wednesday.
Vodacom which already owned 39.9 percent of Safaricom through Vodafone Kenya, agreed in December to buy Kenya's 15 percent stake for about $1.6 billion (Sh206.88 billion), a deal that lifted its holding to 55 percent, while the Kenyan government's stake fell to 20 percent.