The Cabinet has rescinded the controversial nationalisation of Telkom Kenya and directed the seller to refund the money.
The resolution was reached on Tuesday at a Cabinet meeting chaired by President William Ruto.
"By dint of this decision by Cabinet, Jamhuri/Helios will refund to the Government of Kenya the amount paid as consideration for the takeover," a dispatch from State House said.
The Cabinet said the decision is part of government's move to address governance challenges posed by the nationalisation of the telco.
