The National Treasury of Kenya is set to receive Sh204.3 billion from the sale of a 20 percent stake in Safaricom, according to Cabinet Secretary John Mbadi. The government sold over 6 billion ordinary shares to Vodacom at Sh34 per share, following a Court of Appeal ruling that cleared the deal. This acquisition increases Vodacom's ownership in Safaricom PLC to 55 percent, establishing it as the majority shareholder.

Equity Group shareholders have approved a KSh 21.7 billion dividend payout, representing a 35.5% increase from 2024. Additionally, the shareholders authorized the establishment of three new insurance subsidiaries in Kenya and the Democratic Republic of Congo.

On June 30, 2026, Vodacom Group of South Africa finalized the acquisition of a 15 percent stake in Safaricom Plc, marking the largest transaction in the history of the Nairobi Securities Exchange. This deal has raised concerns as it is reported that KES 437 billion was left unclaimed, and the CEO of Safaricom has remained silent throughout the process, according to Kenya Insights.

On June 30, 2026, Vodacom Group finalized its acquisition of a 15 percent stake in Safaricom Plc, marking the largest transaction in the history of the Nairobi Securities Exchange. This deal concluded despite efforts from courts and petitioners to delay it, raising concerns among the public regarding the implications of the sale and the lack of communication from Safaricom's CEO.

Tanzania's state-owned enterprises have reported a record dividend of Sh1.3 trillion, marking a 30 percent increase in national dividends. This surge is attributed to efficiency reforms that have transformed these state firms from being reliant on subsidies to becoming significant revenue generators, according to The Chanzo.

In the 2025/26 fiscal year, Tanzania's state-owned companies reported dividends totaling TZS 1.327 trillion, marking a 30% increase from TZS 1.028 trillion in the previous year. This figure, however, fell short of the TZS 1.5 trillion target set by President Samia. Twiga Minerals Corporation was the largest contributor with TZS 221.9 billion, while the Tanzania Ports Authority contributed TZS 205.5 billion to the Consolidated Fund.