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List of companies, individuals that received payments in Ksh6B Telkom deal

The National Assembly Joint Committees on Finance and National Planning and Communication, Information and Innovation has opened the lid on the individuals and companies that received payments on the 100 per cent shares buyback of Telkom Kenya Limited by the Government of Kenya. In an ongoing investigation, the parliamentarians in the committee chaired by Kuria […]

EACC calls for suspension of Telkom merger

Telkom

The Ethics and Anti Corruption Commission (EACC) could stop the proposed merger of Telkom Kenya and Airtel Network Kenya after it revealed it has opened fresh investigations into how the deal was brokered. Appearing on Tuesday before the Parliamentary Committee on Implementation, chaired by Narok North Member of Parliament Moitalel Ole Kenta, EACC director of […]

Telkom Kenya lays off 575 out of 800 workers ahead of merger with Airtel

Telkom

Telkom Kenya has declared  575 employees redundant as its merger with Airtel gets into high gear. In a circular,  Telkom Kenya Chief Executive Mugo Kibati said the move followed an earlier announcement on February 8  to combine mobile, enterprise and carrier services with Airtel Kenya, and operate under a joint venture company (JV Co). The merger […]