Nairobi, Aug. 14 -- South Africa's Vodacom has added two directors to Safaricom's board in a shake-up that reflects its increased ownership of the Kenyan company following its acquisition of a 15 percent stake from the government.

Vodacom appointed Mariam Cassim, its chief executive for financial technology (fintech), and Matimba Mbungela, its chief human resources officer, to the board of Safaricom as non-executive directors, pushing its representation to five members.

In the latest shake-up, the Kenyan government is supposed to cede one of its seats on the Safaricom board to Vodacom, in changes that reflect the South African firm's increased influence on the Nairobi Securities Exchange-listed firm, which also includes appointing the K...