Financial Times FT.com

Sell-off mired in Kenyan power struggle

By Barney Jopson in Kigali

Published: March 26 2008 23:17 | Last updated: March 26 2008 23:17

The flotation of Safaricom, a mobile telephone operator set to be the biggest listed company in east Africa, has been dragged into the increasingly bad-tempered talks over the formation of Kenya’s coalition cabinet.

Both the government and the opposition covet the finance minister’s portfolio, which covers the Safaricom deal, and, as talks remained stalled, Raila Odinga, the opposition leader and prime minister designate, on Wednesday called for a delay to what he said was the “unlawful sale”.

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