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Safaricom asks court to block Telkom Kenya sale over Sh640 million debt

Telecommunications company Safaricom has filed a certificate of urgency before the High Court in a bid to block Telkom Kenya’s sale.

Safaricom told Justice Farah Amin that it would not be able to recover Sh639.8 million it is owed by Telkom Kenya if Orange Group transfers a 70 per cent stake to UK-based Helios Investment Partners.

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