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Airtel eyes waiver on the 30pc local ownership rule

Airtel eyes waiver on the 30pc local ownership rule Summary Airtel Africa is considering seeking an extension or exemption from rules requiring it to cede a 30 percent stake in local subsidiaries to Kenyan investors by March 2024. Sidestepping the ownership rules could, however, force the multinational to pay $20 million (Sh2.1 billion) for its expired licence. Tuesday July 13 2021 By VICTOR JUMA Summary Airtel Africa is considering seeking an extension or exemption from rules requiring it to cede a 30 percent stake in local subsidiaries to Kenyan investors by March 2024. Sidestepping the ownership rules could, however, force the multinational to pay $20 million (Sh2.1 billion) for its expired licence.

Beware! Rogue geeks are back to rob you blind

Beware! Rogue geeks are back to rob you blind
standardmedia.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from standardmedia.co.ke Daily Mail and Mail on Sunday newspapers.

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