Kenyans cut mobile cash deals on fees waiver end

central bank of kenya cbk


Nation | by Brian Ambani


Kenyans slashed the number of mobile money transactions by 6.2 percent in just two months of the Central Bank of Kenya (CBK) lifting a waiver on charges for low-value cash transfers.

Data from the sector regulator shows that Kenyans dealt Sh567.99 billion in February, which is Sh37.7 billion less than the Sh605.69 billion worth of transactions recorded in December…

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central bank of kenya cbk


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