Kenyan Mobile Transfer Business To See A Major Shift, With Government Regulators Stepping In To Check Dominance Of Safaricom's M-Pesa

The Kenyan mobile money transfer business is witnessing a turf war between the country’s largest telecom service providers, Vodafone-backed Safaricom and Airtel. At the centre of this fight is m-pesa, a mobile phone-based money transfer and microfinancing service by Safaricom. The government of Kenya is considering regulations in an effort to protect the market against monopoly, which Safaricom has been accused of by Airtel and other smaller players in the market.

Safaricom currently has a ...

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