Kenyan Lawmakers Renew Push to Split Safaricom and M-PESA

MPESA

Kenyan legislators have revisited the 2022 Information and Communications (Amendment) Bill, which proposes separating Safaricom, the country’s largest telecommunications provider, from M-PESA, its mobile money service. A previous attempt to pass this legislation failed due to limited support in parliament. The proposed split aims to curtail Safaricom’s market dominance by creating two distinct entities, subjecting […]

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