Last big cheque: State to earn Sh11.2b Safaricom dividend as share sale nears

The National Treasury Building in Nairobi. Safaricom's board approved an interim dividend of Sh0.85 per share for the year ending March 2026. [File, Standard]

The cash-strapped National Treasury is poised to receive a roughly Sh11.92 billion payout after Safaricom declared a record interim dividend, providing a timely cash infusion ahead of the state's sale of a major stake in the company to South Africa's Vodacom Group.

 Safaricom said in a regulatory notice that its board had approved an interim dividend of Sh0.85 per share for the year ending March 2026.