Treasury blamed for delay in Airtel-Telkom merger wrap-up

Communications Authority of Kenya Acting Director General Mercy Wanjau (left) with Telkom Kenya Chief Executive Mugo Kibati (right) during the recent launch on the Telkom 4G loon services in Ratat, Baringo County. [Courtesy]

The National Treasury is holding back the proposed merger between Telkom Kenya and Airtel Kenya as the government assesses the viability of the sale of its 40 per cent stake in the former.