Safaricom Split

Image sourced from TechWeez Safaricom could reduce M-Pesa transaction fees, according to Business Daily who also suggested that the telco is considering this move in an effort to “retain the higher business volumes that followed the imposition of free M-Pesa for deals of up to Sh1,000”. Safaricom CEO, Peter Ndegwa confirmed this, saying “We intend to reduce our transaction costs over time. How quickly we do that is something we want to judge but certainly, we haven’t made a decision yet at this stage.” Kenyan Senators Call for Safaricom to Split Senators in Kenya believe that Safaricom should split into two firms – Mobile Services and M-PESA. According to The Star, a split would see the mobile telephony service is regulated by the Communication Authority of Kenya (CAK) and t...