Vodacom Group, South Africa’s largest telecom operator, has ruled out spinning off M-PESA from Safaricom or listing it as a standalone entity despite renewed pressure from Kenyan authorities to unbundle the telco’s core businesses. The group, which co-owns Safaricom with the Kenyan government (each holding a 40% stake), said M-Pesa’s mobile money operations are “intricately … Continue reading Vodacom Rejects M-PESA Spin-Off Amid Kenya’s Push to Unbundle Safaricom