Business Daily | by Patrick Alushula
Safaricom is seeking regulatory approvals to launch insurance, unit trust and saving products as it races for a larger piece of the financial services market and tap more earnings from mobile money platform M-Pesa.
The telco has been testing the three products dubbed Bima (Insurance), Mali (mobile savings) and a unit trust investment product.
Now, the giant telco has sought approvals from regulators, Capital Markets Authority (CMA), Central Bank of Kenya (CBK) and…
