Kenya’s Safaricom to buy 51 pct stake in Onecom
NAIROBI, Aug 21 (Reuters) Kenya’s mobile firm Safaricom (SCOM.NR: Quote, Profile, Research, Stock Buzz) said on Thursday it was buying a 51 percent stake in Kenyan IT firm Onecom for $2.6 million to boost its product range. “Safaricom intends to acquire 51 percent in Onecom,” Michael Joseph told a news conference in Nairobi. “The reason … [Read more…]