Business Daily | by John Mutua
Kenyans moved Sh5.21 trillion through their phones last year, an equivalent of half of the country’s estimated GDP, spurred by relief measures on mobile phone payments to help to curb the spread of the coronavirus.
Fresh data by the Central Bank of Kenya (CBK) shows the total transactions rose by 20 percent from Sh4.34 trillion the previous year.
This means that an average of Sh14.27 billion was transacted on mobile phones daily between January and December 2020 — some Sh2.81 billion higher than…
